Trade Costs and Facilitation: Open Trade and Economic Development

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Trade Costs and Facilitation: Open Trade and Economic Development

9781849807593 Edward Elgar Publishing
Edited by Jean-Christophe Maur, Senior Economist, World Bank Institute, The World Bank, US and John S. Wilson, Lead Economist, Development Research Group, The World Bank, US
Publication Date: 2010 ISBN: 978 1 84980 759 3 Extent: 1,152 pp
The need for countries to facilitate trade and to reduce the transactions costs plaguing trade is receiving a lot of interest in policy circles, and in particular in the WTO, where trade facilitation has been one of the few good stories in recent multilateral negotiations. Is this interest justified? What have economic theory and empirical findings to contribute to our understanding of the value of free trade? This authoritative two-volume set, edited by two leading scholars in the field, offers a collection of seminal articles that have led our economic thinking on these issues and encouraged a new and growing literature. This important work, along with an original introduction by the editors, is of immense value to scholars and practitioners interested in the topic of trade costs and facilitation.

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The need for countries to facilitate trade and to reduce the transactions costs plaguing trade is receiving a lot of interest in policy circles, and in particular in the WTO, where trade facilitation has been one of the few good stories in recent multilateral negotiations. Is this interest justified? What have economic theory and empirical findings to contribute to our understanding of the value of free trade? This authoritative two-volume set, edited by two leading scholars in the field, offers a collection of seminal articles that have led our economic thinking on these issues and encouraged a new and growing literature. This important work, along with an original introduction by the editors, is of immense value to scholars and practitioners interested in the topic of trade costs and facilitation.
Contributors
43 articles, dating from 1957 to 2010
Contributors include: J. Anderson, A. Deardorff, J.M. Finger, C. Fink, T. Hertel, P. Krugman, J. McCallum, M. Melitz, J. Rauch, A. Venables
Contents
Contents:

Volume I

Acknowledgements

Introduction Jean-Christophe Maur and John S. Wilson

PART I THEORY OF TRADE COSTS
1. Robert A. Mundell (1957), ‘International Trade and Factor Mobility’
2. Paul Krugman (1980), ‘Scales Economies, Product Differentiation, and the Pattern of Trade’
3. Paul Krugman (1991), ‘Increasing Returns and Economic Geography’
4. Alan V. Deardorff (2001), ‘International Provision of Trade Services, Trade and Fragmentation’
5. Spiros Bougheas, Panicos O. Demetriades and Edgar L.W Morgenroth (1999), ‘Infrastructure, Transport Costs and Trade’

PART II EMPRICAL EVIDENCE: DATA AND GLOBAL VIEW OF TRANSACTION COSTS
A. How Do Trade Transaction Costs Matter in General?
6. J. Michael Finger and A.J. Yeats (1976), ‘Effective Protection by Transportation Costs and Tariffs: A Comparison of Magnitudes’
7. James E. Anderson and Eric van Wincoop (2004), ‘Trade Costs’
8. Nuno Limão and Anthony J. Venables (2001), ‘Infrastructure, Geographical Disadvantage, Transport Costs and Trade’
9. John McCallum (1995), ‘National Borders Matter: Canada-U.S. Regional Trade Patterns’
10. Charles Engel and John H. Rogers (1996), ‘How Wide Is the Border?’
11. Anne-Célia Disdier and Keith Head (2008), ‘The Puzzling Persistence of the Distance Effect on Bilateral Trade’

B. Recent Detailed Evidence on the Prevalence of Transaction Costs
12. John S. Wilson, Catherine L. Mann and Tsunehiro Otsuki (2003), ‘Trade Facilitation and Economic Development: A New Approach to Quantifying the Impact’
13. David Dollar, Mary Hallward-Driemeier and Taye Mengistae (2006), ‘Investment Climate and International Integration’
14. Gaël Raballand (2003), ‘Determinants of the Negative Impact of Being Landlocked on Trade: An Empirical Investigation Through the Central Asian Case’
15. Alberto Portugal-Perez and John S. Wilson (2008), ‘Trade Costs in Africa: Barriers and Opportunities for Reform’
16. Ben Shepherd and John S. Wilson (2009), ‘Trade Facilitation in ASEAN Member Countries: Measuring Progress and Assessing Priorities’

C. Empirical Evidence: Ex Ante Assessment and Computable General Equilibrium Modeling
17. Thomas W. Hertel, Terrie Walmsley and Ken Itakura (2001), ‘Dynamic Effects of the “New Age” Free Trade Agreement between Japan and Singapore’
18. Joseph Francois, Hans van Meijl and Frank van Tongeren (2005), ‘Trade Liberalization in the Doha Development Round’
19. Thomas W. Hertel and Roman Keeney (2006), ‘What Is At Stake: The Relative Importance of Import Barriers, Export Subsidies, and Domestic Support’

D. Time Factors
20. Simeon Djankov, Caroline Freund and Cong S. Pham (2010), ‘Trading on Time’
21. Carolyn L. Evans and James Harrigan (1997), ‘Distance, Time, and Specialization: Lean Retailing in General Equilibrium’
22. Maria Persson (2008), ‘Trade Facilitation and the EU-ACP Economic Partnership Agreements’


Volume II

Acknowledgements

An Introduction to both volumes by the editors appears in Volume I

PART I LINKAGES BETWEEN TRADE TRANSACTION COSTS, TRADE AND ECONOMIC DEVELOPMENT: SELECTIVE EVIDENCE
A Telecommunication Services
1. Caroline L. Freund and Diana Weinhold (2004), ‘The Effect of the Internet on International Trade’
2. Carsten Fink, Aaditya Mattoo and Ileana Cristina Neagu (2005), ‘Assessing the Impact of Communication Costs on International Trade’

B Transport Services
3. Ximena Clark, David Dollar and Alejandro Micco (2004), ‘Port Efficiency, Maritime Transport Costs, and Bilateral Trade’
4. Carsten Fink, Aaditya Mattoo and Ileana Cristina Neagu (2002), ‘Trade in International Maritime Services: How Much Does Policy Matter?’
5. Alejandro Micco and Tomás Serebrisky (2006), ‘Competition Regimes and Air Transport Costs: The Effects of Open Skies Agreements’
6. David Hummels, Volodymyr Lugovskyy and Alexandre Skiba (2009), ‘The Trade Reducing Effects of Market Power in International Shipping’

C Trade Finance and Connection to International Supply Chains
7. James E. Rauch (1999), ‘Networks Versus Markets in International Trade’
8. Marc Auboin and Moritz Meier-Ewert (2003), Improving the Availability of Trade Finance during Financial Crises
9. Hildegunn K. Nordås, Enrico Pinali and Massimo Geloso Grosso (2006), ‘Logistics and Time as a Trade Barrier’

D Customs: Pre-shipment Inspection and Security
10. Dean Yang (2008), ‘Integrity for Hire: An Analysis of a Widespread Customs Reform’
11. Jose Anson, Olivier Cadot and Marcelo Olarreaga (2006), ‘Tariff Evasion and Customs Corruption: Does Pre-Shipment Inspection Help?’
12. James E. Anderson and Douglas Marcouiller (2002), ‘Insecurity and the Pattern Of Trade: An Empirical Investigation’

E Trade Standards
13. Gaël Raballand and Enrique Aldaz-Carroll (2007), ‘How Do Differing Standards Increase Trade Costs? The Case of Pallets’
14. Witold Czubala, Ben Shepherd and John S. Wilson (2009), ‘Help or Hindrance? The Impact of Harmonised Standards on African Exports’
15. Maggie Xiaoyang Chen and Aaditya Mattoo (2008), ‘Regionalism in Standards: Good or Bad for Trade?’

PART II INSTITUTIONAL AND POLITICAL ECONOMY DIMENSIONS
16. Patrick A. Messerlin and Jamel Zarrouk (2000), ‘Trade Facilitation: Technical Regulations and Customs Procedures’
17. C. Fred Bergsten (1997), ‘Open Regionalism’
18. Gerard McLinden (2006), ‘Needs, Priorities and Costs Associated with Technical Assistance and Capacity Building for Implementation of a WTO Trade Facilitation Agreement: A Comparative Study Based on Six Developing Countries’
19. J. Michael Finger (2008), ‘Trade Facilitation: The Role of a WTO Agreement’
20. Jean-Christophe Maur (2008), ‘Regionalism and Trade Facilitation: A Primer’
21. Minette Libom Li Likeng, Thomas Cantens and Samson Bilangna (2009), ‘Gazing into the Mirror: Operational Internal Control in Cameroon Customs’

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