Skip to content Skip to navigation
University of Warwick
  • Study
  • |
  • Research
  • |
  • Business
  • |
  • Alumni
  • |
  • News
  • |
  • About

University of Warwick
Publications service & WRAP

Highlight your research

  • WRAP
    • Home
    • Search WRAP
    • Browse by Warwick Author
    • Browse WRAP by Year
    • Browse WRAP by Subject
    • Browse WRAP by Department
    • Browse WRAP by Funder
    • Browse Theses by Department
  • Publications Service
    • Home
    • Search Publications Service
    • Browse by Warwick Author
    • Browse Publications service by Year
    • Browse Publications service by Subject
    • Browse Publications service by Department
    • Browse Publications service by Funder
  • Help & Advice
University of Warwick

The Library

  • Login
  • Admin

Gravity redux: measuring international trade costs with panel data

Tools
- Tools
+ Tools

Novy, Dennis (2009) Gravity redux: measuring international trade costs with panel data. Working Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (No.861).

[img]
Preview
PDF
WRAP_Novy_twerp_861a.pdf - Requires a PDF viewer.

Download (262Kb)
Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...

Request Changes to record.

Abstract

Barriers to international trade are known to be large. But have they become smaller over time? Building on the gravity framework by Anderson and van Wincoop (2003), I derive an analytical solution for time-varying multilateral resistance variables that can be related to observable trade data. This solution makes it possible to infer time-varying bilateral trade costs directly from the model.s gravity equation without imposing arbitrary trade cost functions. As an illustration, I show that U.S. trade costs with major trading partners declined on average by about 40 percent between 1970 and 2000, with Mexico and Canada experiencing the biggest reductions.

Item Type: Working or Discussion Paper (Working Paper)
Subjects: H Social Sciences > HF Commerce
Divisions: Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH): International trade, Panel analysis, Costs, Industrial, United States -- Foreign economic relations -- Mexico, Mexico -- Foreign economic relations -- United States
Series Name: Warwick economic research papers
Publisher: University of Warwick, Department of Economics
Place of Publication: Coventry
Official Date: July 2009
Dates:
DateEvent
July 2009["eprint_fieldopt_dates_date_type_modified" not defined]
Number: No.861
Number of Pages: 27
Institution: University of Warwick
Status: Not Peer Reviewed
Access rights to Published version: Open Access (Creative Commons)
Description:

Originally published November 2008, this version updated July 2009.

Funder: Economic and Social Research Council (Great Britain) (ESRC)
Grant number: RES-000-22-3112 (ESRC)
Related URLs:
  • http://www2.warwick.ac.uk/fac/soc/econom...
  • Related item in WRAP

Request changes or add full text files to a record

Repository staff actions (login required)

View Item View Item
twitter

Email us: wrap@warwick.ac.uk
Contact Details
About Us