机构:
CUFE, Sch Int Trade & Econ, Beijing 100081, Peoples R China
Univ Adelaide, Sch Econ, Adelaide, SA 5005, AustraliaCUFE, Sch Int Trade & Econ, Beijing 100081, Peoples R China
Lin, Faqin
[1
,2
]
Sim, Nicholas C. S.
论文数: 0引用数: 0
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机构:
Univ Adelaide, Sch Econ, Adelaide, SA 5005, AustraliaCUFE, Sch Int Trade & Econ, Beijing 100081, Peoples R China
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
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.