Measuring trade costs and analyzing the determinants of trade growth between Cambodia and major trading partners: 1993-2019.

ABSTRACT: High trade costs pose substantial barriers to the process of trade liberalization. This study aims to measure trade costs and explore the driving forces behind the growth of bilateral trade between Cambodia and its top 30 trading partners from 1993 to 2019. Using a micro-founded measure of trade costs derived from the gravity model, we find that Cambodia's average trade costs decreased by 35.43 percent between 1993 and 2019. Fluctuations in average trade costs persisted until 2014, despite Cambodia's accession to the World Trade Organization (WTO) in 2004. Since then, these costs have declined more rapidly. Cambodia's bilateral trade costs are lower with its major trading partners in Southeast Asia and East Asia than with those in South Asia, Oceania, Europe, and North America. Cambodia's

SUBMITTER: Keo B 

PROVIDER: S-EPMC11760036 | biostudies-literature | 2025

REPOSITORIES: biostudies-literature