The relative importance of distance in restricting international trade

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.

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Work Title The relative importance of distance in restricting international trade
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Open Access
Creators
  1. Xuebing Yang
License In Copyright (Rights Reserved)
Work Type Article
Publisher
  1. Applied Economics Letters
Publication Date November 1, 2013
Publisher Identifier (DOI)
  1. https://doi.org/10.1080/13504851.2013.829179
Deposited November 22, 2021

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