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In particular, the ability to export on time is crucial to explain comparative advantage in intermediate goods. These findings underscore the importance of investing in infrastructure and fostering trade facilitation to boost a country's participation in production networks. Furthermore, we...
Persistent link: https://www.econbiz.de/10011115037
Notwithstanding some progress in market and product diversification - including services - LDCs remain particularly vulnerable to external shocks. With the exception of 2006-2008, the LDCs as a group have systematically recorded a trade deficit. The 2008-2009 global crisis and the bumpy recovery...
Persistent link: https://www.econbiz.de/10011115098
We examine the effects of transit, documentation, and ports and customs delays on Africa's exports. We find that transit delays have the most economically and statically significant effect on exports. A one day reduction in inland travel times leads to a 7 percent increase in exports. Put...
Persistent link: https://www.econbiz.de/10011115100
The paper first surveys the Trade Facilitation landscape at the regional level and analyses the main forces shaping it. It identifies key factors driving regional Facilitation approaches, examining their priorities, features and underlying philosophies. The study also highlights significant...
Persistent link: https://www.econbiz.de/10011115153