IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/10065.html
   My bibliography  Save this paper

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

Author

Listed:
  • Freinkman, Lev
  • Polyakov, Evgeny
  • Revenco, Carolina

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.

Suggested Citation

  • Freinkman, Lev & Polyakov, Evgeny & Revenco, Carolina, 2003. "Armenia’s trade performance in 1995-2002 and the effect of closed borders: a cross-country perspective," MPRA Paper 10065, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:10065
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/10065/1/MPRA_paper_10065.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Polyakov, Evgeny, 2001. "Changing trade patterns after conflict resolution in the South Caucasus," Policy Research Working Paper Series 2593, The World Bank.
    2. Jeffrey A. Frankel, 1997. "Regional Trading Blocs in the World Economic System," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 72, January.
    3. K. Smarzynska, Beata, 2001. "Does Relative Location Matter for Bilateral Trade Flows? An Extension of the Gravity Model," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 16, pages 379-398.
    4. Dani Rodrik, 1998. "Trade Policy and Economic Performance in Sub-Saharan Africa," NBER Working Papers 6562, National Bureau of Economic Research, Inc.
    5. David G. Tarr, 2017. "The Terms-of-Trade Effects of Moving to World Prices on Countries of the Former Soviet Union," World Scientific Book Chapters, in: Trade Policies for Development and Transition, chapter 12, pages 271-294, World Scientific Publishing Co. Pte. Ltd..
    6. World Bank, 2003. "Armenia : Public Expenditure Review," World Bank Publications - Reports 13926, The World Bank Group.
    7. Djankov, Simeon & Freund, Caroline, 2002. "Trade Flows in the Former Soviet Union, 1987 to 1996," Journal of Comparative Economics, Elsevier, vol. 30(1), pages 76-90, March.
    8. Avanesyan, Vahram & Freinkman, Lev, 2002. "Costing-out the Big Bang: Impact of external shocks on the Armenian economy at the outset of transition," MPRA Paper 10012, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hayrapetyan Grigor & Hayrapetyan Viktoriya, 2011. "Regional and international trade of Armenia: Perspectives and potentials," EERC Working Paper Series 11/14e, EERC Research Network, Russia and CIS.
    2. International Monetary Fund, 2005. "Sri Lanka: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2005/337, International Monetary Fund.
    3. Maryanchyk Ivan, 2005. "Ukrainian international trade: How far from the potential?," EERC Working Paper Series 05-14e, EERC Research Network, Russia and CIS.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lev Freinkman & Evgeny Polyakov & Carolina Revenco, 2004. "Trade Performance and Regional Integration of the CIS Countries," World Bank Publications - Books, The World Bank Group, number 14933, December.
    2. Lisa Borgatti, 2011. "Economic Integration in Sub-Saharan Africa," Chapters, in: Miroslav N. Jovanović (ed.), International Handbook on the Economics of Integration, Volume I, chapter 20, Edward Elgar Publishing.
    3. Enrique Martínez-Galán & Maria-Paula Fontoura & Isabel Proença, 2005. "Trade Potential In An Enlarged European Union: A Recent Approach," International Trade 0508011, University Library of Munich, Germany.
    4. World Bank, 2004. "Ukraine : Trade Policy Study, Volume 2. Main Report," World Bank Publications - Reports 15656, The World Bank Group.
    5. Céline Carrère & Maurice Schiff, 2005. "On the Geography of Trade. Distance is Alive and Well," Revue économique, Presses de Sciences-Po, vol. 56(6), pages 1249-1274.
    6. Alexander Libman & Evgeny Vinokurov, 2012. "Regional Integration and Economic Convergence in the Post‐Soviet Space: Experience of the Decade of Growth," Journal of Common Market Studies, Wiley Blackwell, vol. 50(1), pages 112-128, January.
    7. Bojnec, Štefan & Hartmann, Monika, 2004. "Agricultural and food trade in Central and Eastern Europe: the case of Slovenian intra-industry trade," IAMO Discussion Papers 65, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    8. Rod Falvey & Neil Foster & David Greenaway, 2001. "Institutions and Structural Unemployment: North-South Trade, Openness and Growth," Vienna Economics Papers 0108, University of Vienna, Department of Economics.
    9. repec:zbw:iamodp:92027 is not listed on IDEAS
    10. Anna Golovko & Hasan Sahin, 2021. "Analysis of international trade integration of Eurasian countries: gravity model approach," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 11(3), pages 519-548, September.
    11. Limao, Nuno & Venables, Anthony J., 1999. "Infrastructure, geographical disadvantage, and transport costs," Policy Research Working Paper Series 2257, The World Bank.
    12. Lars Håkanson & Douglas Dow, 2012. "Markets and Networks in International Trade: On the Role of Distances in Globalization," Management International Review, Springer, vol. 52(6), pages 761-789, December.
    13. Kaminski, Bartlomiej & de la Rocha, Manuel, 2003. "Stabilization and association process in the Banlkans : integration options and their assessment," Policy Research Working Paper Series 3108, The World Bank.
    14. Nino Papachashvili & Lela Jamagidze & Nino Melitauri, 2018. "The Analysis of Export Drivers and Impediments Using Extended Gravity Model (The Case of Georgia)," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 69-85, March.
    15. World Bank, 2005. "Ukraine's Trade Policy : A Strategy for Integration into Global Trade," World Bank Publications - Books, The World Bank Group, number 7431, December.
    16. Pierre‐Richard Agénor, 2004. "Macroeconomic Adjustment and the Poor: Analytical Issues and Cross‐Country Evidence," Journal of Economic Surveys, Wiley Blackwell, vol. 18(3), pages 351-408, July.
    17. Nilanjan Banik & John Gilbert, 2010. "Regional Integration and Trade Costs in South Asia," Chapters, in: Douglas H. Brooks & Susan F. Stone (ed.), Trade Facilitation and Regional Cooperation in Asia, chapter 4, Edward Elgar Publishing.
    18. Shafaeddin, Mehdi, 2010. "Trade liberalization, industrialization and development; experience of recent decades," MPRA Paper 26355, University Library of Munich, Germany.
    19. Marc Flandreau & Mathilde Maurel, 2005. "Monetary Union, Trade Integration, and Business Cycles in 19th Century Europe," Open Economies Review, Springer, vol. 16(2), pages 135-152, April.
    20. Thorvaldur Gylfason & Inmaculada Martínez-Zarzoso & Per Magnus Wijkman, 2015. "Free Trade Agreements, Institutions and the Exports of Eastern Partnership Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 53(6), pages 1214-1229, November.
    21. Gaël Raballand, 2003. "Determinants of the Negative Impact of Being Landlocked on Trade: An Empirical Investigation Through the Central Asian Case," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 45(4), pages 520-536, December.

    More about this item

    Keywords

    Armenia; trade; costs of blockade; gravity model; trade openness;
    All these keywords.

    JEL classification:

    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:10065. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.