Enhancing Trade in Sea- and Land-Locked Countries

Francesca Romana Medda, Francesco Caravelli, Simone Caschili and Alan Wilson
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Francesca Romana Medda: University College London
Francesco Caravelli: University College London
Simone Caschili: University College London
Alan Wilson: University College London

Chapter Chapter 1 in Collaborative Approach to Trade, 2017, pp 3-10 from Springer

Abstract: Abstract Regional science offers a rich toolkit for analysis and policy development for substantive applications. In this book, the science is applied to the challenge for global investment agencies seeking to enhance trade in lagging regions. The challenge is particularly acute for sea-locked and land-locked countries and striking examples are provided by the widely scattered island countries of the South Pacific on the one hand, and Uganda on the other. What is needed is an in-depth analysis of trade routes as a basis for evolving policies to increase efficiency and reduce costs. The two case studies presented here provide an excellent illustration of the power of regional science, from assembling data bases in difficult situations, through to developing and applying models of the trade system. We apply network analysis, spatial interaction modelling and agent based models supplemented by appropriate statistical techniques. Our final results for both countries allow for substantive policy suggestions to be made.

Keywords: Supply Chain; Trade Liberalisation; Trade Cost; Collaborative Approach; Regional Science (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-319-47039-9_1

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DOI: 10.1007/978-3-319-47039-9_1

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