Home-market and factor-endowment effects in a gravity approach

被引：50

作者：

Schumacher, Dieter

Siliverstovs, Boriss

机构：

[1] Europe Univ Viadrina, Frankfurt, Germany

[2] DIW Berlin German Inst Econ Res, D-14195 Berlin, Germany

来源：

REVIEW OF WORLD ECONOMICS | 2006年 / 142卷 / 02期

关键词：

home-market effect; comparative advantage; bilateral trade; factor endowment; gravity model;

D O I：

10.1007/s10290-006-0070-z

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper shows how the home-market effect can be estimated in the generalized gravity equation of Bergstrand, taking into account traditional comparative advantage effects arising from differences in factor endowment. The empirical results suggest the presence of significant home-market effects for differentiated goods in many manufacturing industries which may be capital intensive or labour intensive. At the same time, our results suggest that home-market effects can only be detected for data disaggregated at the industry level and not for aggregated data.

引用

页码：330 / 353

页数：24

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