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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12141 |
DP12141 Geography, Search Frictions and Endogenous Trade Costs | |
Myrto Kalouptsidi; Theodore Papageorgiou; Giulia Brancaccio | |
发表日期 | 2017-07-12 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We leverage detailed data on vessel movements and shipping contracts to shed new light on world trade costs and trade flows. The data reveal new facts about shipping patterns, and motivate us to build a framework modeling the behavior of exporters and ships. Our framework has two novel features: (i) trade costs are endogenous and determined jointly with trade flows; as a result, they depend on the entire network of countries; (ii) search frictions between exporters and ships can limit trade. We estimate the model and recover flexibly the matching process between ships and exporters. Endogenous trade costs provide a novel link to understand trade patterns and we showcase this by considering the impact of (i) an improvement in shipping efficiency; (ii) a slow-down in China; (iii) the opening of the Northwest Passage; (iv) search frictions. |
主题 | Industrial Organization ; International Trade and Regional Economics ; Macroeconomics and Growth |
关键词 | Geography Trade costs Matching function estimation Trade flows Transportation Shipping Search frictions Trade imbalances |
URL | https://cepr.org/publications/dp12141 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540952 |
推荐引用方式 GB/T 7714 | Myrto Kalouptsidi,Theodore Papageorgiou,Giulia Brancaccio. DP12141 Geography, Search Frictions and Endogenous Trade Costs. 2017. |
条目包含的文件 | 条目无相关文件。 |
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