EconStor >
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin >
DIW-Diskussionspapiere >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/27259
  
Title:The missing globalization puzzle: another explanation PDF Logo
Authors:Siliverstovs, Boriss
Schumacher, Dieter
Issue Date:2007
Series/Report no.:Discussion papers // German Institute for Economic Research 735
Abstract:This study suggests another explanation of the missing globalization puzzle typically observed in the empirical gravity models. In contrast to the previous research that focused on aggregated trade flows, we employ the trade flows in manufacturing products broken down by 25 three-digit ISIC Rev.2 categories. We estimate the distance coefficient using the log-linear specification of the standard as well as the generalized gravity equations. Our data set comprises trade flows for 22 OECD countries that span the time period from 1970 till 2000. We observe a substantial decline in the value of the distance elasticity in most manufacturing industries.
Subjects:Gravity model
missing globalization puzzle
distance coefficient
JEL:F12
Document Type:Working Paper
Appears in Collections:Publikationen von Forscherinnen und Forschern des DIW
DIW-Diskussionspapiere

Files in This Item:
File Description SizeFormat
550069070.PDF341.68 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/27259

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.