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Measuring Long-Term Commodity-Level Trade Costs: The Case Of Asia

Author

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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)

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.

Suggested Citation

  • Shintaro Hamanaka & Romana Domingo, 2012. "Measuring Long-Term Commodity-Level Trade Costs: The Case Of Asia," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-26.
    • Handle: RePEc:wsi:jicepx:v:03:y:2012:i:02:n:s1793993312500147
    DOI: 10.1142/S1793993312500147
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    References listed on IDEAS

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    More about this item

    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;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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