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Measuring of the Trade Facilitation Progress in CEFTA 2006
Dragutinović Mitrović, Radmila
Abstract The measurement of trade facilitation progress has been an important issue both for governments and regulatory agencies as well as researches during last decades. A wide range of different trade facilitation indicators has been developed in the period after signing Trade Facilitation Agreement (TFA) in order to perceive the implementation level of trade facilitation measures across economies. Commonly used trade facilitation indicators from different sources are presented in the first part of this paper, with their characteristics and limitations. On that basis, the choice of trade facilitation indicators used in the second part of paper is made. The analysis of the progress and benefits of implementing the TFA measures in selected economies is conducted by using OECD Trade Facilitation Indicators (TFIs) database. Furthermore, the relationships between trade facilitation performance and trade costs, as well as trade value are analyzed, with special reference to CEFTA 2006 region. Since CEFTA 2006 members are interested in the European Union (EU) membership, obtained results are compared with the results of the EU countries, but also with other high-income countries, like OECD members.
engleski
2022
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Keywords: trade facilitation, LPI, ETI, OECD Trade facilitation indicators, trade costs, trade value, CEFTA 2006