Application of regression analysis to enhance the trade facilitation model in the Philippines

Abstract

The study gathered information on the current practices of customs brokerage in the Philippines. Moreover, the main element of this study was the development of an enhanced trade facilitation model based on regression analysis which will be used by the customs brokers in their practice of their profession. The customs brokers will be the agents for trade facilitation and the output of the study will provide them a better understanding of trade facilitation with ASEAN integration. A framework will not only specify the ASEAN standards but will also determine and enrich the current practices of the customs broker profession having determined the strengths, weaknesses, and gaps between the current practices and the ASEAN integration policies. It also determined the level of compliance of trade facilitation in the Philippines with the ASEAN integration policies. The increase in import and export trading in the Philippines may be one of the indicators that the customs broker profession is improving but may not project a long-term paradigm because of the current international integration.