Rapport
Publisert:
Customs-brokers as facilitators in international trade
Sammendrag:
Recent studies suggest that firms can reduce fixed trade costs by hiring intermediaries like trading companies. I argue that customs brokers – a type of intermediary rarely studied in economics before – can play a similar role. Using panel data of Norwegian trade transactions, I show that such brokers are commonly used to clear goods through customs. I find indications of lower sunk costs as well as fixed trade costs for firms that hire such services. However, engaging brokers can be risky, and traders in high-risk products like food are more likely to self-declare. Results are similar for importing and exporting, indicating that customs brokers facilitate both modes of trade.
- Publiseringsår: 2017
- Fullversjon: http://hdl.handle.net/11250/2475766
- Utgiver: NUPI
- Antall sider: 32
- Språk: Engelsk
Skrevet av
Hege Medin
Seniorforsker (bistilling)