GTAP Resources: Resource Display
| GTAP Resource #4099 |
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"Nontariff Measures in the Global Retailing Industry" by Khachaturian, Tamar Abstract Rationale and Objective: Competition in the retailing industry benefits supplying industries as well as consumers, but many countries maintain policies and regulations that make it harder for firms to start up and operate. The objectives of this study are twofold. First, we introduce a new measure of countries’ regulations toward the retailing industry. Our retail restrictiveness index and sub-indices are built from a rich new dataset of retailing industry policies in 75 countries. We then demonstrate a new way of analyzing the effects of such policies on the retailing industry: we estimate effects on sales of retailers’ foreign affiliates using gravity models. To our knowledge, ours is the first study to examine the effects of retailing industry restrictiveness using such models. Modeling approach and Methodology: A team of analysts researched the policies and regulations affecting retailing in 75 countries. We constructed restrictiveness indexes using this information. Our indexes include an overall retailing restrictiveness index as well as sub-indices that enable analysis and comparison of different dimensions of restrictiveness. The sub-indices are: 1. Foreign. This sub-index includes those NTMs that are typically applied in a manner that discriminates against foreign-invested firms. 2. Domestic. Includes NTMs that are typically applied on a non-discriminatory basis, thereby affecting domestic and foreign-invested firms alike. 3. Establishment. Includes NTMs that affect a firm’s ability to enter a market. These restrictions may be discriminatory or non-discriminatory. 4. Operations: includes NTMs (discriminatory or non-discriminatory) that affect a retailer’s operations after it has begun doing business. To test the indexes sensitivity to the weighting of the various components, we prepared "unweighted" versions as well as alternate versions that weight the measures in accordance with our understanding of their relative importance... |
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- Foreign direct investment - Non-Tariff measures in services - Trade in services |
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Public Access  Nontariff Measures in the Global Retailing Industry (450.4 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM
