This paper explores the trade facilitation performance of India and Mekong countries using a new measure of bilateral comprehensive trade costs, complemented by a review of specific trade policy and trade facilitation-related indicators. A model of comprehensive trade costs is then developed and...

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...

This paper presents findings from an initial analysis of new non-tariff trade cost estimates and their determinants, based on a bilateral database of comprehensive trade cost maintained by ESCAP. Results of the non-tariff policy-related trade costs modeling exercise strongly suggest that...

Using a two-sector-two-country model with aggregate scale economies and unionisation, we show that optimal welfare state policy entails positive levels of unemployment benefits under free-trade and capital mobility. In this setting, economic integration does not reduce the revenue raising...

this chapter looks at trade facilitation in a trade (transaction) cost framework, and evaluates the impact of transport costs and underdeveloped infrastructure on bilateral trade flows of 10 Asian developing countries.

The current economic and financial crisis is an unprecedented challenge for policymakers of the Asia-Pacific region. While the region's policymakers have gained considerable experience in responding to national or regional financial crises, they have less expertise in addressing a crisis that...

While much has been said about the need to promote intraregional trade and the importance of reducing associated trade costs, quantitative estimates of such costs have been lacking. A new comprehensive measure of international trade costs is applied in this paper to calculate ad valorem trade...

This study provides a quantitative estimate of the potential economic consequences of multilateral trade reform under the WTO for Africa using a framework that explicitly incorporates issues of concern to the region, such as preference erosion, loss of tariff revenue, and trade facilitation. It...

Using a two-sector-two-country model with aggregate scale economies and unionisation, we show that optimal welfare state policy entails positive levels of unemployment benefits under free-trade and capital mobility. In this setting, economic integration does not reduce the revenue raising...