کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5083612 1477812 2014 18 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The home-market effect and bilateral trade patterns: A reexamination of the evidence
ترجمه فارسی عنوان
اثر بازار خانه و الگوهای تجارت دوجانبه: بررسی مجدد شواهد
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
This paper finds that the evidence for the home market effect (HME) found by Hanson and Xiang (AER, 2004) is sensitive to the way the dependent and the independent variables are constructed. Second, we also find that the HME evidence goes away when we estimate their difference-in-difference gravity model on a truncated sample of positive trade flows. With Eaton-Tamura-Tobit, Heckman, and Helpman-Melitz-Rubinstein estimation of the gravity equation using Hanson and Xiang's data, we are unable to find any evidence for the HME. Finally, the HME evidence is also absent for a sample of Canadian provinces' exports to U.S. states. All of our results, taken together, do not reject the existence of the HME in general but rather suggest that the HME results found by Hanson and Xiang may not be robust.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Review of Economics & Finance - Volume 30, March 2014, Pages 120-137
نویسندگان
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