Passport, Please! Travels, Travails and Trade

Volker Nitsch

Publications of Darmstadt Technical University, Institute for Business Studies (BWL) from Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL)

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: 2018-10-10
New Economics Papers: this item is included in nep-int
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Published in Darmstadt Discussion Papers in Economics . 234 (2018-10-10)

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https://tuprints.ulb.tu-darmstadt.de/8110

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Working Paper: Passport, please! Travels, travails and trade (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:dar:wpaper:108195

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