On the Conservation of Distance in International Trade
Using disaggregated bilateral trade data, we find that the elasticity of trade to distance increased (in absolute value) by about 10% since 1985. To explore the reasons for this shift, we decompose the change in the distance elasticity of trade into the part due to a shift in the composition of trad...
Main Authors: | , |
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Format: | Journal Article |
Language: | EN |
Published: |
2012
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Subjects: | |
Online Access: | http://hdl.handle.net/10986/5414 |