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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29015 |
来源ID | Working Paper 29015 |
Entrep\u00f4t: Hubs, Scale, and Trade Costs | |
Sharat Ganapati; Woan Foong Wong; Oren Ziv | |
发表日期 | 2021-07-12 |
出版年 | 2021 |
语种 | 英语 |
摘要 | We study the global trade network and quantify its trade and welfare impact. We document that the trade network is a hub-and-spoke system where 80% of trade is shipped indirectly, nearly all via entrepôts—major hubs that facilitate trade between many origins and destinations. We estimate indirect-shipping consistent trade costs using a model where shipments can be sent indirectly through an endogenous transport network and develop a geography-based instrument to estimate scale economies in shipping. Network and scale effects in the trade network propagate local trade cost changes globally. Even when initial trade cost changes are not transportation-related, these endogenous channels alter the magnitude and distribution of welfare impacts, particularly for entrepôts. Counterfactual infrastructure improvements at entrepôts generate ten times the global welfare impact relative to non-entrepôts. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w29015 |
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/586689 |
推荐引用方式 GB/T 7714 | Sharat Ganapati,Woan Foong Wong,Oren Ziv. Entrep\u00f4t: Hubs, Scale, and Trade Costs. 2021. |
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 | ||
w29015.pdf(2219KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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