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Measuring global and regional trade integration in terms of concentration of access

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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) (No.206).

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Abstract

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
Official Date: May 2006
Dates:
DateEvent
May 2006Published
Number: No.206
Number of Pages: 32
Status: Not Peer Reviewed
Access rights to Published version: Open Access

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