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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18122 |
来源ID | Working Paper 18122 |
Distance and Political Boundaries: Estimating Border Effects under Inequality Constraints. | |
Fernando Borraz; Alberto Cavallo; Roberto Rigobon; Leandro Zipitría | |
发表日期 | 2012-06-01 |
出版年 | 2012 |
语种 | 英语 |
摘要 | The "border effect" literature finds that political borders have a very large impact on relative prices, implicitly adding several thousands of miles to trade. In this paper we show that the standard empirical specification suffers from selection bias, and propose a new methodology based on quantile regressions. Using a novel data set from Uruguay, we apply our procedure to measure the segmentation introduced by city borders. City borders should matter little for trade. We find that when the standard methodology is used, two supermarkets separated by 10 kilometers across two different cities have the same price dispersion as two supermarkets separated by 30 kilometers within the same city; so the city border triples the distance. When our methodology is used, the city border effect becomes insignificant. We further test our methodology using online prices for the largest supermarket chain in the country, and show that the "online border" is equivalent to the average distance from the online warehouse to each of the offline stores. |
主题 | International Economics ; International Macroeconomics |
URL | https://www.nber.org/papers/w18122 |
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/575798 |
推荐引用方式 GB/T 7714 | Fernando Borraz,Alberto Cavallo,Roberto Rigobon,et al. Distance and Political Boundaries: Estimating Border Effects under Inequality Constraints.. 2012. |
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 | ||
w18122.pdf(815KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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