Competitiveness and interregional as well as international trade: The case of Catalonia
Recent years have seen a surge of interest among industrial organization economists in using data on international trade flows as windows into competitiveness. For countries that are at least mid-sized (e.g., Spain), interregional trade tends to be as large as or significantly larger than international trade. The case of Catalonia, a Spanish region, illustrates how ignoring interregional flows can lead to erroneous inferences about a region's external competitiveness. Accounting for Catalonia's interregional as well as international flows shifts what is generally assessed to be a chronic trade deficit in goods into a surplus and changes diagnoses of which Catalan sectors generate external surpluses and who its key trading partners are. We also use a gravity model approach to estimate international border effects for Catalonia.
Year of publication: |
2010
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Authors: | Ghemawat, Pankaj ; Llano, Carlos ; Requena, Francisco |
Published in: |
International Journal of Industrial Organization. - Elsevier, ISSN 0167-7187. - Vol. 28.2010, 4, p. 415-422
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Publisher: |
Elsevier |
Keywords: | Regional competitiveness Border effect Gravity model Interregional trade Industrial organization |
Saved in:
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