An analysis of market access
Document Type
Article
Source of Publication
Applied Economics
Publication Date
5-1-2010
Abstract
Market access matters. This article creates, for the first time, a quantitative measure of market access, the Market Access Index, which enables the creation of a rank order, or league table, of market access for a large sample of world economies. The article uses Structural Equation Modelling and a data set from the World Economic Forum and provides a broader framework for the analysis of market access arguing that market access is driven by the regulatory environment, public institutions and network industries. The article finds that network industries are the most important contributors to market access, followed by public institutions. The regulatory environment, covering trade policy is the least important contributor. These findings have important implications for the role of trade policy in influencing greater market access. © 2010 Taylor & Francis.
DOI Link
ISSN
Publisher
Informa UK Limited
Volume
42
Issue
14
First Page
1833
Last Page
1844
Disciplines
Business
Keywords
data set, economic analysis, global economy, international trade, market conditions, modeling, trade policy
Scopus ID
Recommended Citation
Squalli, Jay; Wilson, Kenneth; and Hugo, Sarah, "An analysis of market access" (2010). All Works. 412.
https://zuscholars.zu.ac.ae/works/412
Indexed in Scopus
yes
Open Access
no