물류효율성 및 무역협정 체결이 전 세계 무역원활화에 미치는 영향 분석 - 해상물동량을 중심으로 - = The Impact of Logistics Efficiency and Trade Agreement on Global Trade Facilitation Effect - Focusing on Total Seaborne Trade -

다국어 초록 (Multilingual Abstract)

The purpose of this study is to empirically analyze the impact of logistics efficiency on seaborne volume growth and to compare the scale with the effect of lowering tariffs and the effect of signing free trade agreements. In order to measure the impact of logistics efficiency on seaborne volume growth, the export and import trade volume among 53 countries was introduced as the dependent variable, and macroeconomic indicator, whether a free trade agreement was signed, annual average tariff rate and logistics efficiency indicator (port, air, railroad, road, container vessel connectivity) were introduced as the explanatory variables. Bilateral panel data between trading nations was used to estimate the gravity panel model, and analysis was carried out after dividing the case where the total of 5 trade efficiency variables are individually input and the case where they are integrated into a single indicator before being input. As a result, trade efficiency had a statistically significant impact on bilateral seaborne trade volume growth, while the impact of lowering tariff rate on increasing trade was insignificant. Also, trade efficiency proved to have a bigger impact on increasing seaborne trade volume than free trade agreements. Such results imply that trade can be promoted more effectively by establishing and efficiently operating logistics-related infrastructure rather than traditional methods of reducing trade barriers such as lowering tariffs and signing free trade agreements.

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