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Mutual causation of predation and trade induces novel effects of commercial policy in this paper. The model can explain trade volume responses to market widening initiatives that are otherwise puzzlingly 'too big' or 'too small'. Efficient commercial policy (broadly defined) depends crucially on...
Persistent link: https://www.econbiz.de/10012778273
We develop and apply a procedure to flexibly estimate intra-national border barriers and intra-regional trade costs … is rather small. Bilateral distance imposes much larger inter-provincial trade costs. Contiguity between provinces … accounts for little. Intra-regional trade cost variation affects relative bilateral costs and trade flows, and alters …
Persistent link: https://www.econbiz.de/10013059755
This paper surveys the measurement of trade costs --- what we know, and what we don't know but may usefully attempt to … find out. Partial and incomplete data on direct measures of costs go together with inference on implicit costs from trade … flows and prices. Total trade costs in rich countries are large. The ad valorem tax equivalent is about 170% when pushing …
Persistent link: https://www.econbiz.de/10013246402
Mutual causation of predation and trade induces novel effects of commercial policy in this paper. The model can explain trade volume responses to market widening initiatives that are otherwise puzzlingly 'too big' or 'too small'. Efficient commercial policy (broadly defined) depends crucially on...
Persistent link: https://www.econbiz.de/10012466086
This paper surveys the measurement of trade costs --- what we know, and what we don't know but may usefully attempt to … find out. Partial and incomplete data on direct measures of costs go together with inference on implicit costs from trade … flows and prices. Total trade costs in rich countries are large. The ad valorem tax equivalent is about 170% when pushing …
Persistent link: https://www.econbiz.de/10012468213
We develop and apply a procedure to flexibly estimate intra-national border barriers and intra-regional trade costs … is rather small. Bilateral distance imposes much larger inter-provincial trade costs. Contiguity between provinces … accounts for little. Intra-regional trade cost variation affects relative bilateral costs and trade flows, and alters …
Persistent link: https://www.econbiz.de/10012458791