The increasing share of low-value transactions in international trade
Fuente:
arXiv
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Preprint |
| Published: |
2024
|
| Subjects: | |
| Online Access: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1866916502065643520 |
|---|---|
| author | Mínguez, Raúl Minondo, Asier |
| author_facet | Mínguez, Raúl Minondo, Asier |
| contents | This paper documents a new feature of international trade: the increase in the share of low-value transactions in the total volume of transactions. Using Spanish data, we show that the share of low-value transactions in the total number of transactions increased from 9% to 61% in exports and from 14% to 54% in imports between 1997 and 2023. The increase in the number of low-value trade transactions is explained by the rise of e-commerce and direct-to-customer sales facilitated by online retail platforms, and the fast-fashion strategy followed by clothing firms. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2407_15509 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | The increasing share of low-value transactions in international trade Mínguez, Raúl Minondo, Asier General Economics Economics This paper documents a new feature of international trade: the increase in the share of low-value transactions in the total volume of transactions. Using Spanish data, we show that the share of low-value transactions in the total number of transactions increased from 9% to 61% in exports and from 14% to 54% in imports between 1997 and 2023. The increase in the number of low-value trade transactions is explained by the rise of e-commerce and direct-to-customer sales facilitated by online retail platforms, and the fast-fashion strategy followed by clothing firms. |
| title | The increasing share of low-value transactions in international trade |
| topic | General Economics Economics |
| url | https://arxiv.org/abs/2407.15509 |