EUROPEAN ACCESSION AND THE TRADE FACILITATION AGENDA

John Wilson, Xubei Luo () and Harry G. Broadman ()
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Xubei Luo: Independent Evaluation Group, The World Bank, USA
Harry G. Broadman: The Albright Group, LLC, USA

Journal of International Commerce, Economics and Policy (JICEP), 2010, vol. 01, issue 02, 227-249

Abstract: This paper examines the impact of improved trade facilitation measures and institutional capacity in a set of economies in transition Europe. Our results suggest that behind-the-border barriers play an important role in determining bilateral trade flows (controlling for the effects of tariffs, development levels, distance, and regional characteristics of exporters and importers, among other factors). For European Union (EU) members that joined the Union in 2004 and less developed and candidate members raising capacity in port efficiency and information technology infrastructures halfway to the EU-15 average, trade could expand by US$49 billion and US$62 billion respectively. In the context of the economic crisis and fragile recovery, as well as efforts to strengthen Europe integration, efforts to facilitate trade with investments to raise capacity in trade facilitation should be considered as part of policy steps going forward.

Keywords: International trade; Europe and Central Asia; trade facilitation; gravity model; F13; F14; F15 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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DOI: 10.1142/S1793993310000135

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