Death of distance and the distance puzzle

被引:32
作者
Lin, Faqin [1 ,2 ]
Sim, Nicholas C. S. [2 ]
机构
[1] CUFE, Sch Int Trade & Econ, Beijing 100081, Peoples R China
[2] Univ Adelaide, Sch Econ, Adelaide, SA 5005, Australia
关键词
Distance puzzle; Year-by-year regression; Extensive margin; Intensive margin; GRAVITY;
D O I
10.1016/j.econlet.2012.03.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
Despite the onset of globalization, year-by-year cross-country regressions of the gravity model usually suggest that the impediment of geographical distance on bilateral trade is rising, and not declining, over time. This effect of distance is dubbed the distance puzzle. In this paper, we argue that prima facie evidence of the distance effect from the year-by-year regressions may not be a good indicator of the true impact of distance on trade. (c) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:225 / 228
页数:4
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