Measuring global and regional trade integration in terms of concentration of access
Edwards, T. Huw (2006) Measuring global and regional trade integration in terms of concentration of access. Working Paper. Coventry: University of Warwick. Centre for the Study of Globalisation and Regionalisation. (Working papers (University of Warwick. Centre for the Study of Globalisation and Regionalisation)).
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I apply concentration measures from the inequality literature - the Lorenz curve and Gini coefficient - to the measurement of global and regional integration, and show that these can be derived from the theoretical gravity model in the presence of unequal costs of access for firms from different locations to a particular market. Overall, comparing 9 economies, I find that the USA is the most globalised on these measures, and India and China are the least globalised. The smaller EU economies, which are very open on standard measures, should probably be viewed as regionalised rather than globalised.
|Item Type:||Working or Discussion Paper (Working Paper)|
|Subjects:||H Social Sciences > HF Commerce
J Political Science > JZ International relations
|Divisions:||Faculty of Social Sciences > Centre for the Study of Globalisation and Regionalisation|
|Library of Congress Subject Headings (LCSH):||Globalization -- Economic aspects, Regionalism (International organization), International trade, Statistics|
|Series Name:||Working papers (University of Warwick. Centre for the Study of Globalisation and Regionalisation)|
|Publisher:||University of Warwick. Centre for the Study of Globalisation and Regionalisation|
|Place of Publication:||Coventry|
|Number of Pages:||32|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Open Access|
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