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remoteness is eight times bigger than that for the Pacific islands. By lowering transport costs, improved infrastructure fosters … from their trading partners and positively affected by their remoteness, defined as the average weighted distance between … costs, the effect of remoteness and distance is diluted. An augmented gravity model applied to the Pacific islands …
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This chapter focuses on the estimation and interpretation of gravity equations for bilateral trade. This necessarily involves a careful consideration of the theoretical underpinnings since it has become clear that naive approaches to estimation lead to biased and frequently misinterpreted...
Persistent link: https://www.econbiz.de/10014025383
Poor domestic transportation infrastructure in developing countries is often cited as an important impediment for … accessing international markets. Yet, evidence on how transportation infrastructure improvements affect the volume and …. Two results emerge. First, we estimate that this road infrastructure project accounts for 15 percent of the export …
Persistent link: https://www.econbiz.de/10010251657
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remoteness and idiosyncratic distribution of sectoral production. The cross-country variation of trade openness derives more from …
Persistent link: https://www.econbiz.de/10011721716
The emergence of production networks has changed the structure of international trade, which a large share of intra-regional trade flows and the rising value of intermediate goods trade or network trade between countries within the same region reflect. While a production network exists in both...
Persistent link: https://www.econbiz.de/10012137062
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This paper studies the importance of intangible barriers to trade in explaining variation in disaggregate international trade. The analysis is based on a sample of 55 countries for the year 2000. We explicitly focus on the importance of institutional and cultural dimensions of distance. Our...
Persistent link: https://www.econbiz.de/10011377611