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Quantifying the Benefits of Trade Facilitation in ASEAN

Author

Listed:
  • Tsunehiro Otsuki

    (Osaka School of International Public Policy, Osaka University)

Abstract

This paper assesses the performance and progress of the ASEAN economies in trade facilitation, and the effect of improved trade facilitation on the region fs manufacturing trade with a focus on port efficiency, customs environment, regulatory environment and service sector infrastructure. Under a scenario of raising the below-average countries halfway to the global average, ASEAN fs trade is estimated to increase by $99 billion, three-quarters of which comes from the region fs own improvements. Also, regulatory reforms, for example, enhancing transparency of trade-related regulations and ensuring law-abiding operations of the regulatory authorities, are found to be most effective.

Suggested Citation

  • Tsunehiro Otsuki, 2011. "Quantifying the Benefits of Trade Facilitation in ASEAN," OSIPP Discussion Paper 11E006, Osaka School of International Public Policy, Osaka University.
    • Handle: RePEc:osp:wpaper:11e006
    as

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    File URL: http://www.osipp.osaka-u.ac.jp/archives/DP/2011/DP2011E006.pdf
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    References listed on IDEAS

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    1. Hiau LooiKee & Alessandro Nicita & Marcelo Olarreaga, 2009. "Estimating Trade Restrictiveness Indices," Economic Journal, Royal Economic Society, vol. 119(534), pages 172-199, January.
    2. John S. Wilson & Catherine L. Mann & Tsunehiro Otsuki, 2003. "Trade Facilitation and Economic Development: A New Approach to Quantifying the Impact," The World Bank Economic Review, World Bank, vol. 17(3), pages 367-389, December.
    3. John S. Wilson & Catherine L. Mann & Tsunehiro Otsuki, 2005. "Assessing the Benefits of Trade Facilitation: A Global Perspective," The World Economy, Wiley Blackwell, vol. 28(6), pages 841-871, June.
    4. Carsten Fink & Aaditya Mattoo & Ileana Cristina Neagu, 2002. "Trade in International Maritime Services: How Much Does Policy Matter?," The World Bank Economic Review, World Bank, vol. 16(1), pages 81-108, June.
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    Cited by:

    1. , Aisdl, 2020. "The Impact of Trade Facilitation on Vietnam’s Trade Flows," OSF Preprints uvw8p, Center for Open Science.

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    More about this item

    Keywords

    regional integration; trade facilitation; gravity model;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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