| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w8079 |
| 来源ID | Working Paper 8079 |
| Gravity with Gravitas: A Solution to the Border Puzzle | |
| James E. Anderson; Eric van Wincoop | |
| 发表日期 | 2001 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | The gravity model has been widely used to infer substantial trade flow effects of institutions such as customs unions and exchange rate mechanisms. McCallum [1995] found that the US-Canada border led to trade between provinces that is a factor 22 (2,200%) times trade between states and provinces, a spectacular puzzle in light of the low formal barriers on this border. We show that the gravity model usually estimated does not correspond to the theory behind it. We solve the 'border puzzle' by applying the theory seriously. We find that national borders reduce trade between the US and Canada by about 44%, while reducing trade among other industrialized countries by about 30%. McCallum's spectacular headline number is the result of a combination of omitted variables bias and the small size of the Canadian economy. Within-Canada trade rises by a factor 6 due to the border. In contrast, within-US trade rises 25%. |
| URL | https://www.nber.org/papers/w8079 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/565672 |
| 推荐引用方式 GB/T 7714 | James E. Anderson,Eric van Wincoop. Gravity with Gravitas: A Solution to the Border Puzzle. 2001. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w8079.pdf（296KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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