Empirical Estimates of Trade Costs for Asia

This presentation discusses the rising cost of transport, its impact on international trade, and the failure of many neoliberal economic models to take into account the cost of transport. It summarizes the findings of a working paper that attempts to determine how non-price and price determinants of international trade such as infrastructure and transport costs affect trade in Asia. It was presented at the Latin America/Caribbean and Asia/Pacific Economics and Business Association (LAEBA)'s 3rd Annual Meeting held in Seoul, South Korea on November 16th, 2006.