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dc.contributor.authorBleaney, Michaelen_US
dc.contributor.authorSalazar Neaves, Abelardoen_US
dc.date.accessioned2011-06-08en_US
dc.date.accessioned2012-10-24T12:00:51Z-
dc.date.available2012-10-24T12:00:51Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/65434-
dc.description.abstractTechnical progress can be expected to reduce transport costs over time, yet most studies of bilateral trade based on the gravity model find distance effects to be increasing rather than decreasing. We investigate countries' openness to international trade (the ratio of exports plus imports to GDP). We find that trade decreases with geographical remoteness, land area, and lack of access to the sea, all of which are likely to be correlated with transport costs. In contrast to results obtained with log-linear models of bilateral trade, distance effects (remoteness and land area) have declined over time. Trade decreases with population density, and increases with improvements in the terms of trade, investment and a more liberal trade policy. Unlike in the case of bilateral trade, our results are robust to the transformation of the dependent variable.en_US
dc.language.isoengen_US
dc.publisherCentre for Research in Economic Development and International Trade, Univ. of Nottingham Nottinghamen_US
dc.relation.ispartofseriesCREDIT Research Paper 11/02en_US
dc.subject.jelF1en_US
dc.subject.ddc330en_US
dc.subject.keywordtradeen_US
dc.subject.keywordopennessen_US
dc.subject.keyworddistanceen_US
dc.subject.stwAußenwirtschaften_US
dc.subject.stwTransportkostenen_US
dc.subject.stwEntfernungen_US
dc.subject.stwTechnischer Fortschritten_US
dc.subject.stwAußenhandelsliberalisierungen_US
dc.subject.stwGravitationsmodellen_US
dc.titleDeclining distance effects in international trade: Some country-level evidenceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn661659356en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
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