EconStor >
Bard College, Annandale-on-Hudson (NY) >
Levy Economics Institute of Bard College >
Working Papers, Levy Economics Institute of Bard College >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/57022
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorFelipe, Jesusen_US
dc.contributor.authorKumar, Utsaven_US
dc.date.accessioned2010-12-17en_US
dc.date.accessioned2012-04-12T14:21:13Z-
dc.date.available2012-04-12T14:21:13Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/57022-
dc.description.abstractWith a decrease in formal trade barriers, trade facilitation has come into prominence as a policy tool for promoting trade. In this paper, we use a gravity model to examine the relationship between bilateral trade flows and trade facilitation. We also estimate the gains in trade derived from improvements in trade facilitation for the Central Asian countries. Trade facilitation is measured through the World Bank's Logistic Performance Index (LPI). Our results show that there are significant gains in trade as a result of improving trade facilitation in these countries. These gains in trade vary from 28 percent in the case of Azerbaijan to as much as 63 percent in the case of Tajikistan. Furthermore, intraregional trade increases by 100 percent. Among the different components of LPI, we find that the greatest increase in total trade comes from improvement in infrastructure, followed by logistics and efficiency of customs and other border agencies. Also, our results show that the increase in bilateral trade, due to an improvement in the exporting country's LPI, in highly sophisticated, more differentiated, and high-technology products is greater than the increase in trade in less sophisticated, less differentiated, and lowtechnology products. This is particularly important for the Central Asian countries as they try to reduce their dependence on exports of natural resources and diversify their manufacturing base by shifting to more sophisticated goods. As they look for markets beyond their borders, trade facilitation will have an important role to play.en_US
dc.language.isoengen_US
dc.publisherLevy Economics Inst. Annandale-on-Hudson, NYen_US
dc.relation.ispartofseriesWorking paper, Levy Economics Institute 628en_US
dc.subject.jelF10en_US
dc.subject.jelF15en_US
dc.subject.jelF17en_US
dc.subject.ddc330en_US
dc.subject.keywordCentral Asiaen_US
dc.subject.keywordgravity modelen_US
dc.subject.keywordtrade facilitationen_US
dc.titleThe role of trade facilitation in Central Asia: A gravity modelen_US
dc.typeWorking Paperen_US
dc.identifier.ppn641977174en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Working Papers, Levy Economics Institute of Bard College

Files in This Item:
File Description SizeFormat
641977174.pdf382.93 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.