Advanced Search
MyIDEAS: Login to save this paper or follow this series

Trade Costs in Asia and the Pacific: Improved and Sectoral Estimates

Contents:

Author Info

  • Yann Duval

    ()

  • Chorthip Utoktham

    ()
    (United Nations Economic and Social Commission for Asia and the Pacific (ESCAP))

Abstract

There is ample evidence that successful implementation of bilateral or regional trade and economic integration initiatives would have a very significant impact on intraregional trade in Asia and the Pacific. However, little is known about the level of intraregional trade costs in the region and to what extent these costs may have decreased over time. This paper introduces new aggregate and sectoral estimates of bilateral trade costs in Asia and the Pacific available in an updated and extended version of the ESCAP Trade Cost Database (Version 2). The new data suggests that (1) most countries and subregions have made improvements in reducing trade costs; (2) Trade costs among Asian countries still often exceed the costs of trade of Asian countries with developed countries outside the region; and (3) tariff costs accounts for only a small portion of comprehensive trade costs – although tariff cuts account for a large share of overall trade cost reduction over the past decade. At the sectoral level, agricultural trade costs are systematically found to exceed manufacturing trade costs, even when tariff costs are excluded. The fact that agricultural trade costs in many developing countries are twice as high as their trade costs in manufactured goods suggest that focusing trade facilitation efforts on that sector may be particularly productive, especially given the importance of this sector for poverty reduction and more inclusive and sustainable development.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.unescap.org/tid/publication/swp511.pdf
Download Restriction: no

Bibliographic Info

Paper provided by United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) in its series Working Paper Series with number 511.

as in new window
Length: 27 pages
Date of creation: Dec 2011
Date of revision:
Handle: RePEc:unt:wpaper:swp511

Contact details of provider:
Postal: The United Nations Building, Rajadamnern Nok Avenue, Bangkok 10200
Phone: (66-2) 288-1234
Fax: (66-2) 288-1000
Email:
Web page: http://www.unescap.org/
More information through EDIRC

Related research

Keywords: trade costs; bilateral trade; Asia and the Pacific; sectoral data; trade facilitation; non-tariff measures;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:unt:wpaper:swp511. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mia Mikic).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.