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Trade Facilitation: Bringing Kazakhstan Closer to the EU

Karlberg, Lisa LU and Åkesson, Jesper LU (2015) NEKH01 20151
Department of Economics
Abstract
Kazakhstan is looking to deepen its political and economic ties with the European Union. This can likely be accomplished by increasing trade between the two entities. And an effective way of boosting trade may be to harmonize and simplify trade procedures – otherwise known as trade facilitation. This paper investigates how the volume of Kazakhstan’s exports to the EU is likely to be affected by Kazakhstan pursuing trade facilitation. This paper also estimates how large this effect is likely to be, and simulates the impact on Kazakhstan’s exports to the EU given different levels of trade facilitation. The empirical analysis is conducted using a gravity model of international trade, which is estimated using the fixed effect Poisson... (More)
Kazakhstan is looking to deepen its political and economic ties with the European Union. This can likely be accomplished by increasing trade between the two entities. And an effective way of boosting trade may be to harmonize and simplify trade procedures – otherwise known as trade facilitation. This paper investigates how the volume of Kazakhstan’s exports to the EU is likely to be affected by Kazakhstan pursuing trade facilitation. This paper also estimates how large this effect is likely to be, and simulates the impact on Kazakhstan’s exports to the EU given different levels of trade facilitation. The empirical analysis is conducted using a gravity model of international trade, which is estimated using the fixed effect Poisson Pseudo-Maximum-Likelihood (PPML) method. The results indicate that trade facilitation could lead to a substantial increase in the volume of Kazakhstan’s annual exports to the EU. (Less)
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author
Karlberg, Lisa LU and Åkesson, Jesper LU
supervisor
organization
course
NEKH01 20151
year
type
M2 - Bachelor Degree
subject
keywords
Trade Facilitation, Kazakhstan, Gravity Model, Export Volumes
language
English
id
5471472
date added to LUP
2015-06-30 15:27:48
date last changed
2015-06-30 15:27:48
@misc{5471472,
  abstract     = {Kazakhstan is looking to deepen its political and economic ties with the European Union. This can likely be accomplished by increasing trade between the two entities. And an effective way of boosting trade may be to harmonize and simplify trade procedures – otherwise known as trade facilitation. This paper investigates how the volume of Kazakhstan’s exports to the EU is likely to be affected by Kazakhstan pursuing trade facilitation. This paper also estimates how large this effect is likely to be, and simulates the impact on Kazakhstan’s exports to the EU given different levels of trade facilitation. The empirical analysis is conducted using a gravity model of international trade, which is estimated using the fixed effect Poisson Pseudo-Maximum-Likelihood (PPML) method. The results indicate that trade facilitation could lead to a substantial increase in the volume of Kazakhstan’s annual exports to the EU.},
  author       = {Karlberg, Lisa and Åkesson, Jesper},
  keyword      = {Trade Facilitation,Kazakhstan,Gravity Model,Export Volumes},
  language     = {eng},
  note         = {Student Paper},
  title        = {Trade Facilitation: Bringing Kazakhstan Closer to the EU},
  year         = {2015},
}