Passport, please! Travels, travails and trade

Volker Nitsch

Applied Economics Letters, 2019, vol. 26, issue 15, 1274-1278

Abstract: A country’s visa policies are widely assumed to have economic consequences. In this short paper, I examine the effect of the ease with which a country’s citizens can enter foreign countries on international trade. Using a specification of the gravity model that avoids the endogeneity problems that typically arise when analyzing the association between ease of travel and the extent of bilateral interactions, I find that countries which issue powerful passports experience more international trade.

Date: 2019
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Working Paper: Passport, Please! Travels, Travails and Trade (2018)
Working Paper: Passport, please! Travels, travails and trade (2018)
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DOI: 10.1080/13504851.2018.1545075

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