Trade facilitation in global value chains: Assessing the role of maritime connectivity and trading across borders
This paper examines the impact of trade facilitation factors on trade flows, with a particular focus on Global Value Chains (GVCs) in the agricultural and manufacturing sectors. Using the structural gravity model of international and intra-national trade and data covering the period from 2006 to 2018, we analyze the influence of maritime connectivity and cross-border trade-facilitation factors on trade in final and intermediate goods. Our findings indicate that both factors play pivotal roles in both agricultural and manufacturing subsectors’ trade.