Climate distance and bilateral trade
Emilia Lamonaca,
Martina Bozzola and
Fabio Santeramo
Economics Letters, 2024, vol. 237, issue C
Abstract:
Climate conditions are sources of comparative advantages and may foster trading opportunities. Through a gravity-type approach we show that overtime variations in climate differences correlate with bilateral trade values. Intuitively, these differences may be associated with diverse productivity levels, a plausible channel through which climate distance affects trade.
Keywords: Agri-food; Climate change; Comparative advantage; Gravity model; International trade (search for similar items in EconPapers)
JEL-codes: F18 O13 O44 Q17 Q54 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:237:y:2024:i:c:s0165176524001071
DOI: 10.1016/j.econlet.2024.111624
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