Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/106630 
Year of Publication: 
2015
Citation: 
[Journal:] Economics: The Open-Access, Open-Assessment E-Journal [ISSN:] 1864-6042 [Volume:] 9 [Issue:] 2015-1 [Publisher:] Kiel Institute for the World Economy (IfW) [Place:] Kiel [Year:] 2015 [Pages:] 1-12
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
This paper argues that distance is not necessarily harmful to trade. It is shown that there may be an increase in the production and volume of trade if time zones of the trading nations are non-overlapping. This implies a positive effect of distance on the volume of trade in general and virtual trade in particular. It is also shown that exploitation of time zone differences raises welfare and ensures capital accumulation. The paper builds on the emerging literature on time zones and pure theory of international trade.
Subjects: 
Trade
time zone
JEL: 
F1
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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