A simple solution to the distance puzzle in international trade

Yoto Yotov

Economics Letters, 2012, vol. 117, issue 3, 794-798

Abstract: I propose a simple solution to the distance puzzle in international trade. Contrary to existing estimates of persistent or increasing distance effects on trade, I offer robust evidence that the impact of distance on trade has fallen steadily over time.

Keywords: Structural gravity; Distance puzzle; (Missing) globalization (search for similar items in EconPapers)
JEL-codes: F1 F15 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (205)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:117:y:2012:i:3:p:794-798

DOI: 10.1016/j.econlet.2012.08.032

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