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MEASURING LONG-TERM COMMODITY-LEVEL TRADE COSTS: THE CASE OF ASIA

SHINTARO HAMANAKA

Office of Regional Economic Integration, Asian Development Bank, Mandaluyong city, 1550 Metro Manila, Philippines

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and

ROMANA DOMINGO

University of the Philippines, School of Economics, Diliman, Quezon City, 1101 Metro Manila, Philippines

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https://doi.org/10.1142/S1793993312500147Cited by:0 (Source: Crossref)

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.

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MEASURING LONG-TERM COMMODITY-LEVEL TRADE COSTS: THE CASE OF ASIA

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