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Regional Cooperation, Infrastructure, and Trade Costs in Asia

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  • Douglas H. Brooks

Abstract

International trade has played an essential role in Asia’s remarkable growth, development, and integration in recent decades. Infrastructure, both hard and soft, has played an integral part in facilitating that trade, primarily through reducing the associated transaction costs. Regional coordination and cooperation can help to reduce negative externalities from trade and to capitalize more fully on positive spillover effects. This study explores the nexus between Asia’s trade flows and patterns, trade costs and how they are influenced by infrastructure development, and the role of regional cooperation in facilitating trade’s contribution to economic integration. A virtuous circle between growth, infrastructure investment, trade expansion, and regional integration is elucidated.

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  • Douglas H. Brooks, 2010. "Regional Cooperation, Infrastructure, and Trade Costs in Asia," Working Papers id:3090, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:3090
    Note: Institutional Papers
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    References listed on IDEAS

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    1. David L. Hummels & Georg Schaur, 2013. "Time as a Trade Barrier," American Economic Review, American Economic Association, vol. 103(7), pages 2935-2959, December.
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    5. Christopher Edmonds & Manabu Fujimura, 2008. "Road Infrastructure and Regional Economic Integration: Evidence from the Mekong," Chapters, in: Douglas H. Brooks & Jayant Menon (ed.), Infrastructure and Trade in Asia, chapter 7, Edward Elgar Publishing.
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    10. Douglas H. Brooks & Jayant Menon (ed.), 2008. "Infrastructure and Trade in Asia," Books, Edward Elgar Publishing, number 13171.
    11. Prabir De, 2008. "Empirical Estimates of Trade Costs for Asia," Chapters, in: Douglas H. Brooks & Jayant Menon (ed.), Infrastructure and Trade in Asia, chapter 5, Edward Elgar Publishing.
    12. Maur, Jean-Christophe, 2008. "Regionalism and trade facilitation : a primer," Policy Research Working Paper Series 4464, The World Bank.
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    Cited by:

    1. Fransiskus Xaverius Lara Aba, 2021. "Institutional Change and Macroeconomic Variables in the ASEAN—Indonesia, Vietnam, and Cambodia: The Effects of a Trade War between China and USA," Economies, MDPI, vol. 9(4), pages 1-21, December.
    2. Y. H. Venus Lun & Jan Hoffmann, 2016. "Connectivity and trade relativity: the case of ASEAN," Journal of Shipping and Trade, Springer, vol. 1(1), pages 1-13, December.
    3. C. T. Vidya & Farhad Taghizadeh-Hesary, 2021. "Does infrastructure facilitate trade connectivity? Evidence from the ASEAN," Asia Europe Journal, Springer, vol. 19(1), pages 51-75, December.
    4. Gautrin, Jean-Francois, 2014. "Connecting South Asia to Southeast Asia: Cross-Border Infrastructure Investments," ADBI Working Papers 483, Asian Development Bank Institute.
    5. Kee-hung Lai & Yu Pang & Christina W. Y. Wong & Y. H. Venus Lun & Y. N. Eppie Ng, 2019. "Are trade and transport logistics activities mutually reinforcing? Some empirical evidences from ASEAN countries," Journal of Shipping and Trade, Springer, vol. 4(1), pages 1-17, December.

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    More about this item

    Keywords

    International trade; development; Regional coordination; cooperation; Asia; infrastructure investment; trade expansion;
    All these keywords.

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