Yotov, Yoto V.; Anderson, James E; E, James - Department of Economics, University of Warwick - 2010
Specialization alters the incidence of trade costs to buyers and sellers, with pro-and anti-globalizing effects on 76 countries from 1990-2002. The structural gravity model yields measures of Constructed Home Bias and the Total Factor Productivity effect of changing incidence. A bit more than...