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This paper shows that reduced heterogeneity of exporter-specific goods can provide a direct explanation of the distance puzzle. Using COMTRADE 4-digit bilateral trade data we find that the elasticity of trade to distance has increased by 8% from 1962 to 2009. Theoretical foundations of the...
Persistent link: https://www.econbiz.de/10011345496
Persistent link: https://www.econbiz.de/10009573709
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This paper shows that reduced heterogeneity of exporter-specific goods can provide a direct explanation of the distance puzzle. Using COMTRADE 4-digit bilateral trade data we find that the elasticity of trade to distance has increased by 8% from 1962 to 2009. Theoretical foundations of the...
Persistent link: https://www.econbiz.de/10011374344
This paper shows that reduced heterogeneity of exporter-specific goods can provide a direct explanation of the distance puzzle. Using COMTRADE 4-digit bilateral trade data we find that the elasticity of trade to distance has increased by 8% from 1962 to 2009. Theoretical foundations of the...
Persistent link: https://www.econbiz.de/10010549202
(english) This paper shows that declining exporter-specific product heterogeneity can explain the nondecreasing distance elasticity of trade in 1963-2009. The paper first examines common explanations of the distance puzzle: sample and sectorial composition effects and the rise of FTAs. In the...
Persistent link: https://www.econbiz.de/10010822511
This paper shows that reduced heterogeneity of exporter-specific goods can provide a direct explanation of the distance puzzle. Using COMTRADE 4-digit bilateral trade data we find that the elasticity of trade to distance has increased by 8% from 1962 to 2009. Theoretical foundations of the...
Persistent link: https://www.econbiz.de/10011164391
This paper establishes that production unbundling has coincided with an inscreasing role of input costs in shaping the pattern of comparative advantage. I show that the wedge in the cost of the input bundle across countries in a multisectoral Ricardian model is given by a composite index of...
Persistent link: https://www.econbiz.de/10010932908
This paper establishes that production unbundling has coincided with an inscreasing role of input costs in shaping the pattern of comparative advantage. I show that the wedge in the cost of the input bundle across countries in a multisectoral Ricardian model is given by a composite index of...
Persistent link: https://www.econbiz.de/10010932925
Persistent link: https://www.econbiz.de/10014441072