Book
The Changing Incidence of Geography. [electronic resource] James E. Anderson, Yoto V. Yotov
NBER working paper series, Cambridge, Mass. National Bureau of Economic Research 2008
2008
Abstract
The incidence of bilateral trade costs is calculated here using neglected properties of the structural gravity model, disaggregated by commodity and region, and re-aggregated into forms useful for economic geography. For Canada's provinces, 1992-2003, incidence is on average some five times higher for sellers than for buyers. Sellers' incidence falls over time due to specialization, despite constant gravity coefficients. This previously unrecognized globalizing force drives big reductions in 'constructed home bias', the disproportionate share of local trade; and large but varying gains in real GDP.
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Details
- Title
- The Changing Incidence of Geography. [electronic resource] James E. Anderson, Yoto V. Yotov
- Creators
- Yoto V YotovJames E AndersonNational Bureau of Economic Research
- Series
- NBER working paper series
- Publisher
- Cambridge, Mass. National Bureau of Economic Research 2008
- Resource Type
- Book
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Identifiers
- 991021807100604721