Original scientific paper
https://doi.org/10.15179/ces.16.1.4
Measuring the Effects of Customs and Administrative Procedures on Trade: Gravity Model for South-Eastern Europe
Katerina Toševska-Trpčevska
; Ss. Cyril and Methodius University in Skopje, Faculty of Economics, FYR of Macedonia
Dragan Tevdovski
; Ss. Cyril and Methodius University in Skopje, Faculty of Economics, FYR of Macedonia and Aarhus University, CREATES, Denmark
Abstract
This paper measures the effects of certain customs and administrative procedures on trade between the countries of South-Eastern Europe in the period 2008-2012. Following OECD methodology, we employ the augmented gravity model. The empirical results suggest that the number of days spent at the border and costs paid in both importer and exporter countries had significant negative influence on the volume of trade in the period 2008-2012. In addition, the model underlines that sharing the same border and being part of the former Yugoslav market are important determinants of trade in the region.
Keywords
gravity model; customs and administrative procedures; South-Eastern Europe
Hrčak ID:
123008
URI
Publication date:
30.4.2014.
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