The Development of Trade Blocs in an Era of Globalisation
Tristan Kohl and
Aleid E Brouwer
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Aleid E Brouwer: Faculty of Spatial Science, University of Groningen, PO Box 800, 9700 AV Groningen, The Netherlands
Environment and Planning A, 2014, vol. 46, issue 7, 1535-1553
Abstract:
This study investigates the economic geography of international trade during the period 1950–2005. We introduce a new trade bloc variable that relies on the intramax hierarchical clustering technique to identify endogenous trade blocs with annual trade flows. Multivariate analysis with gravity-equation-based variables is used to explain how mechanisms of globalisation have affected trade patterns over the past half century. In particular, proximity and economic integration agreements are key to explaining the persistence of region-based trade blocs in a globalising world economy.
Keywords: international trade; proximity; regionalism; economic integration; trade clusters; intramax; gravity model (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (6)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:46:y:2014:i:7:p:1535-1553
DOI: 10.1068/a46261
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