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dc.contributor.authorFelbermayr, Gabriel J.en_US
dc.contributor.authorKohler, Wilhelm K.en_US
dc.date.accessioned2009-01-28T15:53:46Z-
dc.date.available2009-01-28T15:53:46Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/18914-
dc.description.abstractWorld trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II growth in manufacturing world trade along these two margins. We propose a ?cornersolutions- version? of the gravity model to explain movements on both margins. A Tobit estimation of this model resolves the so-called ?distance-puzzle?. It also finds more convincing evidence than recent literature that WTO-membership enhances trade.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesCESifo working papers 1276en_US
dc.subject.jelF12en_US
dc.subject.jelF15en_US
dc.subject.ddc330en_US
dc.subject.keywordbilateral tradeen_US
dc.subject.keywordglobalizationen_US
dc.subject.keywordgravity modelen_US
dc.subject.stwAußenwirtschaften_US
dc.subject.stwInternationale Wirtschaftsbeziehungenen_US
dc.subject.stwGlobalisierungen_US
dc.subject.stwGravitationsmodellen_US
dc.subject.stwWTO-Beitritten_US
dc.subject.stwSchätzungen_US
dc.subject.stwWelten_US
dc.titleExploring the intensive and extensive margins of world tradeen_US
dc.typeWorking Paperen_US
dc.identifier.ppn396511562en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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