Trade in the Triad: how easy is the access to large markets?

Lionel Fontagné, Thierry Mayer and Soledad Zignago

Canadian Journal of Economics/Revue canadienne d'économique, 2005, vol. 38, issue 4, 1401-1430

Abstract: Abstract. In this paper, we measure market access between the United States, the EU, and Japan (the Triad), using the effect of national borders on trade patterns. We investigate overall and industry‐level trends of bilateral trade openness and provide explanations for those using proxies for bilateral observed protection (tariffs and NTBs), home bias of consumers, product differentiation, and levels of FDI. The explanations related to actual protection, home bias and substitutability of goods put together explain a large part of the border effect between blocs of the Triad, although they do not explain the whole of the border effect puzzle. JEL classification: F12, F15 Commerce dans la Triade : jusqu’à quel point l’accès aux grands marchés est il facile? Cet article mesure le niveau d’intégration commerciale entre les pays de l’UE, le Japon et les Etats‐Unis (la Triade) en utilisant l’effet des frontières nationales sur le commerce international. Nous étudions le niveau et l’évolution du degré d’ouverture bilatéral ainsi que les différentes explications possibles des effets frontière estimés qui sont testées à l’aide de variables capturant la protection (tarifs et BNTs), le biais domestique des consommateurs, le degré de différenciation des produits et les niveaux d’IDE bilatéraux. Les explications liées à la protection, au biais domestique et à la substituabilité entre produits, considérées ensemble, expliquent une bonne partie de l’effet frontière entre pays de la Triade, même si elles n’expliquent pas la totalité de l’énigme.

Date: 2005
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Citations: View citations in EconPapers (35)

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https://doi.org/10.1111/j.0008-4085.2005.00330.x

Related works:
Journal Article: Trade in the Triad: how easy is the access to large markets? (2005)
Working Paper: Trade in the Triad: How Easy is the Access to Large Markets? (2005)
Working Paper: Trade in the Triad: How Easy is the Access to Large Markets? (2005)
Working Paper: Trade in the Triad: how easy is the access to large markets? (2005)
Working Paper: Trade in the Triad: how easy is the acess to large markets ? (2005)
Working Paper: Trade in the Triad: how easy is the access to large markets? (2005)
Working Paper: Trade in the Triad: How Easy is the Access to Large Markets? (2004)
Working Paper: Trade in the Triad: How Easy is the Access to Large Markets? (2004)
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