Economics at your fingertips  

National Security and International Trade

Heejoon Kang and Michele Fratianni ()

No 744, Econometric Society 2004 Far Eastern Meetings from Econometric Society

Abstract: The September 11, 2001 terrorist attack to the twin towers and ensuing heightened national security measures worldwide, but particularly in the United States, are modeled to be equivalent to a thickening of trade barriers in international trade. By estimating a gravity model with a stochastic frontier technique, an effective trade barrier is quantified by “trade inefficiency,†that is by the difference between potential trade and actual trade; this is done both for country pairs and for a given country vis-à -vis all of its trading partners. The impact of higher security levels on trade is examined through hypothetical increases in border thickness, for given values of control variables

Keywords: Gravity model; political relations; stochastic frontier estimation; trade barriers (search for similar items in EconPapers)
JEL-codes: F13 F02 C33 (search for similar items in EconPapers)
Date: 2004-08-11
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Econometric Society 2004 Far Eastern Meetings from Econometric Society Contact information at EDIRC.
Bibliographic data for series maintained by Christopher F. Baum ().

Page updated 2020-04-05
Handle: RePEc:ecm:feam04:744