Much of the analysis of infrastructure's impact on trade costs focuses on conditions in developed countries. This book makes an invaluable contribution to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. This study analyzes and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration.This book combines thematic and country studies, while breaking new ground in quantifying infrastructure's impact on Asia's trade costs. The contributors examine empirical estimates of Asia's trade costs and infrastructure's influence on those costs while also contributing to a better understanding of the region's logistics challenges. The book includes interesting case studies of rapid growth and congestion (in PRC), inland transportation challenges (India), port competition in an archipelago (Indonesia) and transportation modal switching as value added rises (Malaysia) are policy- and project-relevant in their own right.
The analysis and policy implications in this book will be of interest to trade and infrastructure policy makers, academics at graduate and higher levels involved in economic development or Asian studies, as well as the broader development community.
Contents:ForewordMasahiro Kawai1. Infrastructure's Role in Lowering Asia's Trade Costs Douglas H. Brooks2. Trends in Asian Trade: Implications for Transport Infrastructure and Trade Costs David Hummels3. Trade Infrastructure and Trade Costs: A Study of Select Asian Ports Jon Haveman, Adina Ardelean and Christopher Thornberg4. Empirical Estimates of Transport Costs: Options for Enhancing Asia's Trade Prabir De5. Port Competitiveness: A Case Study of Semarang and Surabaya, Indonesia Arianto A. Patunru, Nanda Nurridzki and Rivayani6. Infrastructure and trade costs in Malaysia: the importance of FDI and exports Siew Yean Tham, Evelyn Devadason and Loke Wai Heng7. Infrastructure Development in a Fast Growing Economy - The People's Republic of China Liqiang Ma and Jinkang Zhang8. Trade Transportation Costs in South Asia: An Empirical Investigation Prabir De
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