Trade Facilitation in Vietnam: Estimating The Effects on Trade Flows

  • NGUYEN THỊ TUYET MAI
  • NGUYEN BICH NGOC

Abstract

  Vietnam has experienced remarkably from the deep regional integration and ratified Trade facilitation agreement of the World Trade Organization (WTO) since 2015. Trade-facilitation, with regard to administrative or custom procedures and logistic infrastructure has become increasingly crucial to boost international trade and reform the internal mechanism. The paper explores the effects of trade-facilitation factors and logistics performance on trade flows between Vietnam and its trade partners. The authors also develop the geometric average of these indicators to measure the bilateral efforts in country pairs. The paper uses the structural gravity model to assess the correlation between these factors and trade value with the estimation approach of Poisson Pseudo maximum likelihood. The dataset observes the trade flow between Vietnam and 22 strategic partners at a disaggregated product level. The result shows that the trade facilitation and logistics infrastructure have impacted directly on trade flows across partners and is varied for agricultural and non-agricultural products.
điểm /   đánh giá
Published
2019-09-05
Section
ARTICLES