Gravity, trade integration, and heterogeneity across industries

Gravity, trade integration, and heterogeneity across industries
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DOI:
10.1016/j.jinteco.2011.07.005
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发表时间:
2011-11
影响因子:
3.3
通讯作者:
Natalie Chen;D. Novy
Natalie Chen;D. Novy
中科院分区:
经济学1区
文献类型:
--
作者:
Natalie Chen;D. Novy

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我们得出了一个基于微观基础的双边贸易一体化衡量标准,它与一系列领先的重力模型是一致的。这一衡量标准通过纳入在行业层面估计的替代弹性来考虑跨行业的异质性。然后,我们使用它来提供基于理论的欧盟国家制造业贸易一体化排名。此外,我们探讨了贸易一体化的决定因素,发现某些行业的大量技术性贸易壁垒以及与重型货物相关的高昂运输成本是最显著的贸易壁垒。
We derive a micro-founded measure of bilateral trade integration that is consistent with a broad range of leading gravity models. This measure accounts for cross-industry heterogeneity by incorporating substitution elasticities estimated at the industry level. We then use it to provide a theory-based ranking of trade integration across manufacturing industries in European Union countries. In addition, we explore the determinants of trade integration, finding that substantial Technical Barriers to Trade in certain industries as well as high transportation costs associated with heavy-weight goods are the most notable trade barriers.