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Non-tariff barriers to trade in the pacific rim
Authors:Stephen Ching,   Clement Yuk-Pang Wong,Anming Zhang
Affiliation:University of Hong Kong, Hong Kong; City University of Hong Kong, Hong Kong; City University of Hong Kong, Hong Kong and University of British Columbia, Canada
Abstract:Abstract. This paper reports the findings of a survey of non-tariff trade barriers (NTBs) that firms in the Pacific Rim region frequently encounter. NTBs are categorized into restrictions on market access, restrictions on personnel movement and transparency of regulatory information. We find that NTBs seem particularly prominent for the region, given the diverse character of the economies there. Many NTBs are implicit in the sense that they restrict trade by cumbersome administrative procedures and by various problems arising from interpreting or implementing government regulations. We further find that NTBs have a significant impact on firms’ production costs, revenue and expansion plans.
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