Efficient trade procedures?

University essay from Lunds universitet/Nationalekonomiska institutionen

Abstract: Studies regarding trade facilitation exist in a bundle. They regard the impact of trade facilitation on trade flows for the most part, but to this day no research has earlier been done with the goal being to find the underlying variables behind efficient trade procedures. Why do some countries have very efficient trade procedures while others suffer from much more cumbersome trade procedures? The difference with this research in regard to earlier research is that this one will look at what variables are of importance if a country wants to improve their trade procedures while the earlier research is focusing around the volume of extra trade that will be the result of improving trade procedures. The question is answered with the help of a regression to which several independent variables, such as democracy and strength of legal rights etc., have been tested against the dependent variable, days to import which is the empirical measure used to catch the effectiveness of trade procedures. The results derived from the research demonstrated some significant results that implied that the variables have an association with efficient trade procedures.

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