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Export Performance and Trade Facilitation Reform : Hard and Soft Infrastructure / Wilson, John S.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Wilson, John S.
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Administrative procedures.
- Benefit analysis.
- Cartels.
- Comparative Advantage.
- Decision making.
- Econometric estimates.
- Economic activity.
- Economic development.
- Economic Growth.
- Economic Theory & Research.
- Empirical evidence.
- Empirical research.
- Environment.
- Environmental Economics & Policies.
- Free Trade.
- Highways.
- International Economics and Trade.
- Macroeconomics and Economic Growth.
- Metals.
- Real wages.
- Resource allocation.
- Returns to scale.
- Roads.
- Trade Policy.
- Transaction costs.
- Transparency.
- Transport.
- Transport Economics Policy & Planning.
- True.
- Local Subjects:
- Administrative procedures.
- Benefit analysis.
- Cartels.
- Comparative Advantage.
- Decision making.
- Econometric estimates.
- Economic activity.
- Economic development.
- Economic Growth.
- Economic Theory & Research.
- Empirical evidence.
- Empirical research.
- Environment.
- Environmental Economics & Policies.
- Free Trade.
- Highways.
- International Economics and Trade.
- Macroeconomics and Economic Growth.
- Metals.
- Real wages.
- Resource allocation.
- Returns to scale.
- Roads.
- Trade Policy.
- Transaction costs.
- Transparency.
- Transport.
- Transport Economics Policy & Planning.
- True.
- Physical Description:
- 1 online resource (62 pages)
- Other Title:
- Export Performance And Trade Facilitation Reform
- Place of Publication:
- Washington, D.C., The World Bank, 2010
- System Details:
- data file
- Summary:
- The authors estimate the impact of aggregate indicators of "soft" and "hard" infrastructure on the export performance of developing countries. They build four new indicators for 101 countries over the period 2004-07. Estimates show that trade facilitation reforms do improve the export performance of developing countries. This is particularly true with investment in physical infrastructure and regulatory reform to improve the business environment. Moreover, the findings provide evidence that the marginal effect of infrastructure improvement on exports appears to be decreasing in per capita income. In contrast, the impact of information and communications technology on exports appears increasingly important for richer countries. Drawing on estimates, the authors compute illustrative exports growth for developing countries and ad-valorem equivalents of improving each indicator halfway to the level of the top performer in the region. As an example, improving the quality of physical infrastructure so that Egypt's indicator increases half-way to the level of Tunisia would increase exports by 10.8 percent. This is equivalent to a 7.4 percent cut in tariffs faced by Egyptian exporters across importing markets.
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