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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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, 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
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
This study aims to test within a relatively homogeneous group of small states what differentiates the growth performance of Pacific island countries (PICs) from their peers. We find that PICs are disadvantaged by distance and hampered by lower investment and exports compared with other small...
Persistent link: https://www.econbiz.de/10011242206