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Specialisation : pro and anti-globalizing 1990-2002
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Anderson, James E. and Yotov, Yoto V. (2010) Specialisation : pro and anti-globalizing 1990-2002. Working Paper. Coventry, UK: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2010 (Number 15).
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Text (Working paper)
WRAP_15.2010_anderson.pdf - Published Version Download (575Kb) | Preview |
Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
Specialization alters the incidence of trade costs to buyers and sellers, with pro-and
anti-globalizing effects on 76 countries from 1990-2002. The structural gravity model
yields measures of Constructed Home Bias and the Total Factor Productivity effect of
changing incidence. A bit more than half the world's countries experience declining
constructed home bias and rising real output while the remainder of countries experi-
ence rising home bias and falling real output. The effects are big for the outliers. A
novel test of the structural gravity model restrictions shows it comes very close in an
economic sense.
Item Type: | Working or Discussion Paper (Working Paper) | ||||
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Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Globalization, Industrial productivity, Supply and demand, Production (Economic theory), Demand (Economic theory), Economics -- Mathematical models | ||||
Series Name: | CAGE Online Working Paper Series | ||||
Publisher: | Department of Economics, University of Warwick | ||||
Place of Publication: | Coventry, UK | ||||
Official Date: | 10 June 2010 | ||||
Dates: |
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Volume: | Volume 2010 | ||||
Number: | Number 15 | ||||
Number of Pages: | 50 | ||||
Status: | Not Peer Reviewed | ||||
Publication Status: | Published | ||||
Date of first compliant deposit: | 1 August 2016 | ||||
Date of first compliant Open Access: | 1 August 2016 |
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