Click here for search results
Landlockedness, infrastructure and trade : new estimates for central Asian countries, Volume 1
Author:Grigoriou, Christopher ; Country:Central Asia;
Date Stored:2007/08/28Document Date:2007/08/01
Document Type:Policy Research Working PaperSubTopics:Common Carriers Industry; Transport Economics Policy & Planning; Economic Theory & Research; Free Trade; Transport and Trade Logistics
Language:EnglishRegion:Europe and Central Asia
Report Number:WPS4335Collection Title:Policy Research working paper ; no. WPS 4335
Volume No:1  

Summary: This paper assesses the impact of internal infrastructure and landlockedness on Central Asian trade using a panel gravity equation estimated on a large sample of countries (167 countries over 1992-2004). The panel structure of the dataset makes it possible to control for country-pair specific effects (as opposed to the usual importer and exporter effects) that would otherwise be captured by the coefficients of time-invariant variables such as distance or landlockness. Our findings highlight the need to pursue a dual policy agenda. First, transit corridors are regional public goods and should be managed as such through international cooperation. International Financial Institutions can -and do- play a key role in this regard through assistance, coordination and policy dialogue. Second, the Central Asian countries should actively seek diversification of their transit corridors to prevent the creation or maintenance of monopoly positions in transit and bottleneck points such as trans-shipment platforms.

Official Documents
Official, scanned versions of documents (may include signatures, etc.)
File TypeDescriptionFile Size (mb)
PDF 44 pagesOfficial version*1.12
TextText version**
How To Order

* The official version is derived from scanning the final, paper copy of the document and is the official,
archived version including all signatures, charts, etc.
** The text version is the OCR text of the final scanned version and is not an accurate representation of the final text.
It is provided solely to benefit users with slow connectivity.

Permanent URL for this page: