Transaction Costs Sources of Peruvian Exports: Single Window for Foreign Trade (VUCE)

Descripción del Articulo

The transaction costs faced by Peruvian exporters are much higher than those faced by exporters from other Latin American countries. The reduction or elimination of these costs would require knowledge of their sources. However, as far as is known for the Peruvian case, they have not yet been identif...

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Detalles Bibliográficos
Autores: Morales Chumpitaz , Nicolas J., Pajuelo Tucto, Ibeth D., Huerta Camones, Luis E.
Formato: artículo
Fecha de Publicación:2021
Institución:Universidad Nacional Agraria La Molina
Repositorio:Revistas - Universidad Nacional Agraria La Molina
Lenguaje:español
OAI Identifier:oai:revistas.lamolina.edu.pe:article/1943
Enlace del recurso:https://revistas.lamolina.edu.pe/index.php/ne/article/view/1943
Nivel de acceso:acceso abierto
Materia:especificidad del activo
frecuencia de transacción
incertidumbre en el ambiente
incertidumbre en el comportamiento de los actores
documentos de respaldo
asset specificity
transaction frequency
environmental uncertainty
actor’s behavioral uncertainty
supporting documents
Descripción
Sumario:The transaction costs faced by Peruvian exporters are much higher than those faced by exporters from other Latin American countries. The reduction or elimination of these costs would require knowledge of their sources. However, as far as is known for the Peruvian case, they have not yet been identified. Therefore, grounded on the economic theory of transaction costs (TCT), this study had two objectives, the first one was to identify the main sources of the transaction costs confronted by Peruvian exporters who use the Single Window for Foreign Trade (VUCE). The second objective was to expand the knowledge field related to the study of transaction costs in international trade. The approach adopted in this study relied on literature review, semi-structured interviews to academic economists and Regnier’s abacus application to collect and analyze the opinions from professional experts on international trade. The results suggest that the main transaction costs sources confronted by exporters are: the gathering of supporting documents, the addition of supporting documents, delays at the border and the loss of business opportunities. This study provides a basis for further research, through quantitative methods or practical solutions designs which allow eliminating or reducing the transaction costs confronted by exporters who use VUCE. Therefore, it contributes to the international trade facilitation and increases local trader’s competitiveness.
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