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religion between groups. The resulting distance-adjusted ethno-linguistic fractionalization index (DELF) is based on highly … heterogeneity on economic outcomes. The results confirm the generally found growth-reducing effect of ethnic heterogeneity but also … shows that this does not hold true for ethnic diversity in more developed countries. As regards the cultural distance …
Persistent link: https://www.econbiz.de/10011421911
To estimate correctly the effect of variable trade costs on firms’ exports, the gravity equation should control for the number of firms that participate in foreign markets. Due to the absence of these data, previous studies control for this omitted variable using econometric strategies that...
Persistent link: https://www.econbiz.de/10009766156
that adoption of broadband internet makes trade patterns more sensitive to distance and economic size. Going from no … broadband availability to full coverage increases the magnitude of the elasticity of trade with respect to distance by 0.12, and … the elasticity of trade with respect to destination size by 0.06. For distance, this means that an increase in internet …
Persistent link: https://www.econbiz.de/10011797041
prices increase tradeÕs elasticity to distance, but that the economic effect is small. We also find that the effect is more … ChinaÕs Customs Statistics, we examine the impact of oil prices on tradeÕs sensitivity to distance. We find that higher oil …
Persistent link: https://www.econbiz.de/10010933388
We decompose the effect of distance on intercity retail price dispersion in US into transport and non-transport cost … components. We find that distance contains more information than transport costs. Care should be taken in interpreting distance …
Persistent link: https://www.econbiz.de/10010939502
estimates of the border effect for continental Europe using road rather than great circle – or “as-crows-fly” – distance. Road … information on travel time, we are able to consider costs related to time in addition to those depending on distance. We find that … for the same great circle distance and the same city size, the road distance between two cities located in the same …
Persistent link: https://www.econbiz.de/10011276915
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations, trade is more sensitive to trade costs if the exporting...
Persistent link: https://www.econbiz.de/10009643556
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that allows for endogenous markups and substitution patterns across goods. In contrast to standard CES-based gravity equations, trade is more sensitive to trade costs if the exporting...
Persistent link: https://www.econbiz.de/10008596576
To estimate correctly the effect of variable trade costs on firms' exports, the gravity equation should control for the number of firms that participate in foreign markets. Due to the absence of these data, previous studies control for this omitted variable using econometric strategies that may...
Persistent link: https://www.econbiz.de/10009274765
This paper empirically analyses the link between market potential and regional wages in the enlarged EU. We extend previous studies of EU regions in several ways. 1) we analyze the link between market potential and wages for the EU27, 2) correct for spatial autocorrelation present in the data,...
Persistent link: https://www.econbiz.de/10009276959