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Specialization , gravity , and European trade in final goods
| Content Provider | Semantic Scholar |
|---|---|
| Author | Frensch, Richard Hanousek, Jan Ko, Evžen Enda |
| Copyright Year | 2012 |
| Abstract | Building on Haveman and Hummels (2004), we develop and test a gravity specification rooted in a Heckscher-Ohlin framework that views bilateral gravity equations as statistical relationships constrained on countries’ multilateral specialization patterns. According to our results, specialization incentives do not seem to play much of a role in the average European bilateral final goods trade. However, this aggregate view conceals that trade in final goods between Western and Eastern Europe is driven by countries’ multilateral specialization incentives, as expressed by supply-side country differences relative to the rest of the world, fully compatible with incomplete specialization. This indicates that many of the final goods traded between Western and Eastern Europe are still different, rather than differentiated, products. JEL-Classification: F14, F16, L24 |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://deepblue.lib.umich.edu/bitstream/handle/2027.42/133073/wp1054.pdf?isAllowed=y&sequence=1 |
| Alternate Webpage(s) | https://www.econstor.eu/bitstream/10419/79231/1/725708581.pdf |
| Alternate Webpage(s) | https://www.wifa.uni-leipzig.de/fileadmin/user_upload/itvwl-vwl/ERS-Dateien/ERS-Paper_Frensch.pdf |
| Language | English |
| Access Restriction | Open |
| Subject Keyword | Aggregate data Bilateral filter Coefficient European Union Flow Guanosine Diphosphate Hoc (programming language) Manufactured Supplies Partial template specialization Relevance Specification |
| Content Type | Text |
| Resource Type | Article |
