Relevance of trade facilitation in emerging countries' exports

The objective of this article is to analyse trade flows in emerging nations with a maritime boundary, where trade facilitation plays a decisive role in their international development. In order to detect possible patterns in performance, we apply the economic approach of gravity models using the Wor...

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Bibliographic Details
Published in:The journal of international trade & economic development 2014-03, Vol.23 (2), p.202-222
Main Authors: Marti, Luisa, Puertas, Rosa, García, Leandro
Format: Article
Language:English
Subjects:
Economic development
Economic models
Economic performance
emerging countries
Emerging markets
Emerging powers
Exporters
exports, logistic
F1
C21
O57
gravity model
International trade
Logistics
Middle East
Studies
trade facilitation
Trade flows
World Bank
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Summary:The objective of this article is to analyse trade flows in emerging nations with a maritime boundary, where trade facilitation plays a decisive role in their international development. In order to detect possible patterns in performance, we apply the economic approach of gravity models using the World Bank Logistic Performance Index (LPI) as a good proxy of trade facilitation. The results of the estimation lead to the conclusion that the more complex the transportation of goods is, the more influential the logistics indicator, trade facilitation being most prominent in Middle East exporters.
ISSN:0963-8199
1469-9559
DOI:10.1080/09638199.2012.698639