Implementing the Trade Facilitation Agreement: From Global Impacts to Value Chains

The results reveal that full implementation of the TFA could boost the value of global trade by $344 billion, a 3.5% increase compared to the 2015 baseline. The evidence suggests that TFA implementation could also further the development of value chains around the world, especially in middle-income economies, as it would promote a shift from manufactured goods toward intermediate goods.

  • Introduction
  • Data
  • Econometric Model
  • Results
  • Conclusion and Policy Implications
  • Appendix
 

 
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Source URL: https://www.adb.org/publications/implementing-trade-facilitation-agreement