When we proxy trade finance by the sum of trade finance loans and export-adjusted notes receivable, elasticity estimates range between 0.18-0.31 depending on the sample of exporters. These estimates are comparable to single and multi-instrument…
This research is also a collaboration between the Centre for World Trade Studies UGM and NPPA. It analyzes the impact of opening public procurement market access (GPA) in WTO, IJEPA (Indonesia-Japan Economic Partnership Agreement) and IEU CEPA (…