Factors determining the trade costs of major European exporters

[EN] The aim of this paper is to analyse the determining factors of trade costs in the top European exporting nations (Germany, United Kingdom, Italy, France, Netherlands, Belgium, Spain and Sweden). For this purpose, we have estimated a trade costs equation to evaluate the importance of logistical...

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Detalles Bibliográficos
Autores: Martí Selva, María Luisa|||0000-0001-8861-4442, Puertas, Rosa|||0000-0003-4937-4575
Tipo de recurso: artículo
Fecha de publicación:2019
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/160801
Acceso en línea:https://riunet.upv.es/handle/10251/160801
Access Level:acceso abierto
Palabra clave:Trade costs
Logistical performance
European Union
International trade
ECONOMIA APLICADA
Descripción
Sumario:[EN] The aim of this paper is to analyse the determining factors of trade costs in the top European exporting nations (Germany, United Kingdom, Italy, France, Netherlands, Belgium, Spain and Sweden). For this purpose, we have estimated a trade costs equation to evaluate the importance of logistical performance and other variables that may be key in determining trade costs. Our results reveal the great importance of logistics, even greater than the effect of distance on trade costs, and they also show that in those countries where trade costs are lower, logistics becomes more decisive in international trade. This analysis allows one to draw conclusions on the type of improvements necessary for cost reductions and, therefore, for greater international competitiveness. The research has been conducted for 2 years, thus facilitating the detection of possible changes that can in turn reveal the existence of a trade pattern in these countries.