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Passport, Please! Travels, Travails and Trade

Nitsch, Volker (2018):
Passport, Please! Travels, Travails and Trade.
In: Darmstadt Discussion Papers in Economics, 234, Darmstadt, ISSN 1438-2733,
[Report]

Abstract

A country’s visa policies are widely assumed to have economic consequences. In this short paper, I examine the effect of the ease with which a country’s citizens can enter foreign countries on international trade. Using a specification of the gravity model that avoids the endogeneity problems that typically arise when analyzing the association between ease of travel and the extent of bilateral interactions, I find that countries which issue powerful passports experience more international trade.

Item Type: Report
Erschienen: 2018
Creators: Nitsch, Volker
Title: Passport, Please! Travels, Travails and Trade
Language: English
Abstract:

A country’s visa policies are widely assumed to have economic consequences. In this short paper, I examine the effect of the ease with which a country’s citizens can enter foreign countries on international trade. Using a specification of the gravity model that avoids the endogeneity problems that typically arise when analyzing the association between ease of travel and the extent of bilateral interactions, I find that countries which issue powerful passports experience more international trade.

Series Name: Darmstadt Discussion Papers in Economics
Volume: 234
Place of Publication: Darmstadt
Divisions: 01 Department of Law and Economics
01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete
01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete > International Economics
Date Deposited: 21 Oct 2018 19:55
Official URL: https://tuprints.ulb.tu-darmstadt.de/8110
URN: urn:nbn:de:tuda-tuprints-81102
Additional Information:

visa; document; mobility; border; barrier

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