MEASURING LONG-TERM COMMODITY-LEVEL TRADE COSTS: THE CASE OF ASIA

Shintaro Hamanaka () and Romana Domingo
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Shintaro Hamanaka: Office of Regional Economic Integration, Asian Development Bank, Mandaluyong city, 1550 Metro Manila, Philippines
Romana Domingo: University of the Philippines, School of Economics, Diliman, Quezon City, 1101 Metro Manila, Philippines

Journal of International Commerce, Economics and Policy (JICEP), 2012, vol. 03, issue 02, 1-26

Abstract: Despite its several inherent weaknesses, Doing Business compiled by the World Bank is still the most widely used assessment of the trade facilitation status among developing country policymakers as well as economists. In this paper, we suggest that the use of trade costs calculated based on trade statistics in conjunction with Doing Business data is helpful in drawing up sector-specific trade facilitation policies. Unlike Doing Business, we can obtain long-term commodity-level trade costs if trade statistics are used.

Keywords: Trade costs; transport costs; trade facilitation; commodity level; c.i.f./f.o.b; JEL Classifications: F13; JEL Classifications: F14; JEL Classifications: F15; JEL Classifications: O24 (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1142/S1793993312500147

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