Showing 1 - 10 of 73
, the paper studies two country-specific aspects of distance: internal distance and remoteness. It does so by examining the … have a far greater impact than remoteness – by an order of ten. …
Persistent link: https://www.econbiz.de/10005792460
This Paper first develops a tractable economic geography model we use to investigate the decline of transport costs as a cause of regional inequalities. Next, we perform a structural estimation of this model using a new dataset on road transport costs between the 341 French Employment Areas. We...
Persistent link: https://www.econbiz.de/10005791737
simultaneously accounts for the real network infrastructure, a distance cost (fuel, repair, tolls), and a time opportunity cost …
Persistent link: https://www.econbiz.de/10005791775
We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure … the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. We … also depart from this literature by mixing principal components (to condense our institutional and infrastructure measures …
Persistent link: https://www.econbiz.de/10005789157
In an effort to stimulate trade, Canada has conducted regular trade missions starting in 1994, often led by the Prime Minister. According to the Canadian government, these missions generated tens of billions of dollars in new business deals. This paper uses bilateral trade data to assess this...
Persistent link: https://www.econbiz.de/10008502575
East Asia has rapidly become the third centre of gravity for global economic activity. North America is relatively well integrated with East Asia, but Europe is not. This paper explores the extent to which economic growth and trade policy developments over the next decade or so will strengthen...
Persistent link: https://www.econbiz.de/10005123497
In this paper, we assess the role of skilled versus unskilled migration for bilateral trade using a flexible reduced-form model where the stocks of skilled and unskilled migrants at the country-pair level are determined as endogenous continuous treatments. The impact of different levels of...
Persistent link: https://www.econbiz.de/10011083375
In many bilateral transactions, the seller fears being underpaid because its outside option is better known to the buyer. We rationalize a variety of observed contracts as solutions to such smart buyer problems. The key to these solutions is to grant the seller upside participation. In contrast,...
Persistent link: https://www.econbiz.de/10011084180
We construct new series for common native language and common spoken language for 195 countries, which we use together with series for common official language and linguistic proximity in order to draw inferences about (1) the aggregate impact of all linguistic factors on bilateral trade, (2)...
Persistent link: https://www.econbiz.de/10011084380
This Paper reports on four basic results of tests of the standard gravity equation. First, geography can serve to reflect comparative advantage as well as transportation costs. Second, the effect of distance on bilateral trade is mostly a substitution effect between closer and more distant trade...
Persistent link: https://www.econbiz.de/10005656466