The Nexus Between Trade Facilitation and Macroeconomic Variables: A Panel Data Approach

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dc.contributor.authorKaya, Hakan
dc.contributor.authorAkkaya, Murat
dc.contributor.authorAkkartal, Erkut
dc.date.accessioned2026-01-31T15:09:10Z
dc.date.available2026-01-31T15:09:10Z
dc.date.issued2025
dc.departmentİstanbul Beykent Üniversitesi
dc.description.abstractThe efforts to remove obstacles to international trade, facilitate trade, and reduce costs on international trade gained momentum with the liberalization of the world. Trade facilitation is an important part of the agenda of the World Trade Organization (WTO). Trade facilitation aims to harmonize basic rules among countries to increase transparency, predictability, and efficiency. The studies conducted by the WTO present results for the economic benefits. We aim to exhibit the nexus between trade facilitation and macroeconomic indicators for 63 countries in 2007-2019 with panel data analysis. The period ends in 2019 to exclude the negative effects of the Coronavirus (COVID-19) pandemic. Because COVID-19 has caused significant problems in the supply chain and foreign trade transactions. Panel regression and panel causality tests confirm the significant linkage between trade facilitation and macroeconomic variables. Trade facilitation has effects on the current account balance, net trade balance, exports and import growth, inflation, and real interest rate as expected. Also, trade facilitation mainly leads to an increase in international trade and exports of high-tech products.
dc.identifier.doi10.5281/zenodo.15390917
dc.identifier.issn1925-4423
dc.identifier.issue1
dc.identifier.urihttps://doi.org./10.5281/zenodo.15390917
dc.identifier.urihttps://hdl.handle.net/20.500.12662/10843
dc.identifier.volume15
dc.identifier.wosWOS:001551605500001
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.language.isoen
dc.publisherInt Journal Contemporary Economics & Administrative Sciences
dc.relation.ispartofInternational Journal of Contemporary Economics And Administrative Sciences
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_WoS_20260128
dc.subjectTrade Facilitation
dc.subjectInternational Trade
dc.subjectAuthorized Economic Operator
dc.subjectMacroeconomic Variables
dc.subjectPanel Data Analysis
dc.titleThe Nexus Between Trade Facilitation and Macroeconomic Variables: A Panel Data Approach
dc.typeArticle

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