Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059720 | Economics Letters | 2012 | 5 Pages |
Abstract
⺠I propose a simple and intuitive solution to the distance puzzle in trade. ⺠To solve the puzzle, I rely on the properties of the structural gravity model. ⺠Globalization should be measured relative to integration within national markets. ⺠I offer robust evidence for steadily falling distance effects on international trade. ⺠I demonstrate that the gravity model is well suited to capture globalization effects.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Yoto V. Yotov,