Bulkiness of goods and the gravity of international trade: Differential impact of trade barriers

IF 1.2 Q3 ECONOMICS

Research in Economics Pub Date : 2024-10-29 DOI:10.1016/j.rie.2024.101013

Xuebing Yang

引用次数: 0

Abstract

This study investigates how the trade elasticity to trade barriers, or the lack thereof, varies with the bulkiness of goods, measured as the value-to-weight ratio (V/W ratio). The empirical analysis presented herein offers compelling evidence that lighter goods, characterized by higher V/W ratios, demonstrate reduced trade elasticity to distance, contiguity, and colonial relationships but heightened trade sensitivity to language. These findings emphasize the importance of accounting for the variations in V/W ratios when applying gravity models and reveal noteworthy heterogeneity in trade elasticity at the country and trade-pair levels.

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货物的体积和国际贸易的引力：贸易壁垒的不同影响

本研究探讨了贸易壁垒的贸易弹性或缺乏贸易壁垒的情况如何随商品的体积（以价值/重量比（V/W 比）衡量）而变化。本文提出的实证分析提供了令人信服的证据，表明以较高的价值/重量比为特征的轻型商品对距离、毗连性和殖民地关系的贸易弹性降低，但对语言的贸易敏感性提高。这些发现强调了在应用引力模型时考虑V/W比率变化的重要性，并揭示了在国家和贸易对层面贸易弹性中值得注意的异质性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Research in Economics ECONOMICS-

CiteScore

1.40

自引率

0.00%

发文量

审稿时长

89 days

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