What Constrains Africa’s Exports?
Africa's share of global exports has dropped by 50 percent over the last three decades. To stem this decline, aid for trade to the region has increased rapidly in recent years. Assistance can target improvements in three important components of trade facilitation: transit times, documentation,...
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okr-10986-134792021-04-23T14:03:08Z What Constrains Africa’s Exports? Freund, Caroline Rocha, Nadia congestion crossing freight inspection port authorities road road conditions road quality roads route safety traffic transit transport transportation travel distance travel distances travel time travel times vehicles Africa's share of global exports has dropped by 50 percent over the last three decades. To stem this decline, aid for trade to the region has increased rapidly in recent years. Assistance can target improvements in three important components of trade facilitation: transit times, documentation, and ports and customs. Of these, transit delays have the most economically and statistically significant effect on exports. Specifically, a one day reduction in inland travel times leads to a 7 percent increase in exports, after controlling for the standard determinants of trade and potential endogeneity. Put another way, a one day reduction in inland travel times translates into a 2 percentage point decrease in all importing-country tariffs. By contrast, longer delays in the other areas have a far smaller impact on trade. Large transit delays are relatively more harmful because they are associated with high (within-country) variation, making delivery targets difficult to meet. Finally, the results imply that transit times are primarily about institutional features—such as border delays, road quality, fleet class and competition and security—and not geography. 2013-05-21T13:35:09Z 2013-05-21T13:35:09Z 2011-10-18 Journal Article World Bank Economic Review 1564-698X doi:10.1093/wber/lhr016 http://hdl.handle.net/10986/13479 en_US World Bank Economic Review;25(3) CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank Journal Article Africa |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
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World Bank |
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en_US |
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congestion crossing freight inspection port authorities road road conditions road quality roads route safety traffic transit transport transportation travel distance travel distances travel time travel times vehicles |
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congestion crossing freight inspection port authorities road road conditions road quality roads route safety traffic transit transport transportation travel distance travel distances travel time travel times vehicles Freund, Caroline Rocha, Nadia What Constrains Africa’s Exports? |
geographic_facet |
Africa |
relation |
World Bank Economic Review;25(3) |
description |
Africa's share of global exports has dropped by 50 percent over the last three decades. To stem this decline, aid for trade to the region has increased rapidly in recent years. Assistance can target improvements in three important components of trade facilitation: transit times, documentation, and ports and customs. Of these, transit delays have the most economically and statistically significant effect on exports. Specifically, a one day reduction in inland travel times leads to a 7 percent increase in exports, after controlling for the standard determinants of trade and potential endogeneity. Put another way, a one day reduction in inland travel times translates into a 2 percentage point decrease in all importing-country tariffs. By contrast, longer delays in the other areas have a far smaller impact on trade. Large transit delays are relatively more harmful because they are associated with high (within-country) variation, making delivery targets difficult to meet. Finally, the results imply that transit times are primarily about institutional features—such as border delays, road quality, fleet class and competition and security—and not geography. |
format |
Journal Article |
author |
Freund, Caroline Rocha, Nadia |
author_facet |
Freund, Caroline Rocha, Nadia |
author_sort |
Freund, Caroline |
title |
What Constrains Africa’s Exports? |
title_short |
What Constrains Africa’s Exports? |
title_full |
What Constrains Africa’s Exports? |
title_fullStr |
What Constrains Africa’s Exports? |
title_full_unstemmed |
What Constrains Africa’s Exports? |
title_sort |
what constrains africa’s exports? |
publisher |
World Bank |
publishDate |
2013 |
url |
http://hdl.handle.net/10986/13479 |
_version_ |
1764423591718289408 |