Abstract
Based on a general setup, this article shows that distance consistently accounts for about 40% of the international trade costs over the years for both developed and developing countries if we assume that trade costs take the iceberg form. The result helps us have a clear perspective of the relative importance of distance in restricting international trade.
Original language | English (US) |
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Pages (from-to) | 1548-1552 |
Number of pages | 5 |
Journal | Applied Economics Letters |
Volume | 20 |
Issue number | 17 |
DOIs | |
State | Published - Nov 2013 |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics