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Time as a Barrier to International Trade and Economic Growth The Role of Information

This is a research report on Time as a Barrier to International Trade and Economic Growth The Role of Information uploaded by Jasmine Pvk in category: All Documents »  Economics »  Applied Economics section of our research repository.
867 views, 0 comments, Last Update: Feb 8, 2016.
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Tags: International Trade , Economic Growth , Time Cost , Nontariff barriers , Trade Facilities
Description:
The study examines the relationship between reducing time and international trade. Primarily, through the
role of information and communication technology, within the trade facilities, in reducing the time
required for import and export, and discussing its impact on economic growth. The Two-Stages Least
Squares method was used to estimate the econometric model for 16 Arab countries during the period
(2005-2011). The study concluded that the information and communication technology leads to time and
cost reduction, thereby increasing the value of merchandise exports and imports. In addition, there is a
positive relationship between the decline in time and economic growth



 

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