Armenia’s trade performance in 1995-2002 and the effect of closed borders: a cross-country perspective

Lev Freinkman, Evgeny Polyakov and Carolina Revenco

MPRA Paper from University Library of Munich, Germany

Abstract: The paper deals with two issues. First, it focuses on the analysis of Armenia’s trade performance based on the utilization of standard statistical models and develops comparative estimates of this performance relative to the peer countries. The comparison is undertaken in terms of trade openness, diversification, and composition. The main finding is that Armenia has been lagging in its export development relative to most CIS countries. The recent improvements in exports helped somewhat to reduce the gap. The second part of the paper provides for re-estimation of the “costs of blockade” effect. Armenia’s trade under-performance cannot be explained in terms of distorted government policies, because Armenia is recognized as a reform leader in the CIS.

Keywords: Armenia; trade; costs of blockade; gravity model; trade openness (search for similar items in EconPapers)
JEL-codes: F14 F40 F51 P27 (search for similar items in EconPapers)
Date: 2003-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published in Armenian Journal of Public Policy 1.2(2004): pp. 185-212

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/10065/1/MPRA_paper_10065.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:10065

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().