| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23581 |
| 来源ID | Working Paper 23581 |
| Geography, Search Frictions and Endogenous Trade Costs | |
| Giulia Brancaccio; Myrto Kalouptsidi; Theodore Papageorgiou | |
| 发表日期 | 2017-07-17 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | In this paper we study the role of the transportation sector in world trade. We build a spatial model that centers on the interaction of the market for (oceanic) transportation services and the market for world trade in goods. The model delivers equilibrium trade flows, as well as equilibrium trade costs (shipping prices). Using detailed data on vessel movements and shipping prices, we document novel facts about shipping patterns; we then flexibly estimate our model. We use this setup to demonstrate that the transportation sector (i) implies that net exporters (importers) face higher (lower) trade costs leading to misallocation of productive activities across countries; (ii) creates network effects in trade costs; and (iii) dampens the impact of shocks on trade flows. These three mechanisms reveal a new role for geography in international trade that was previously concealed by the common assumption of exogenous trade costs. Finally, we illustrate how our setup can be used for policy analysis by evaluating the impact of future and existing infrastructure projects (e.g. Northwest Passage, Panama Canal). |
| 主题 | International Economics ; Trade ; Industrial Organization ; Industry Studies ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w23581 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581255 |
| 推荐引用方式 GB/T 7714 | Giulia Brancaccio,Myrto Kalouptsidi,Theodore Papageorgiou. Geography, Search Frictions and Endogenous Trade Costs. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23581.pdf（4133KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
