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- W73753701 abstract "This study suggests another explanation of the missing globalization puzzle typically observed in the empirical gravity models. In contrast to the previous research that focused on aggregated trade ∞ows, we employ the trade ∞ows in manufacturing products broken down by 25 three-digit ISIC Rev.2 categories. We estimate the distance coe‐cient using the log-linear speciflcation of the standard as well as the generalized gravity equations. Our data set comprises trade ∞ows for 22 OECD countries that span the time period from 1970 till 2000. We observe a substantial decline in the value of the distance elasticity in most manufacturing industries." @default.
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- W73753701 date "2007-01-01" @default.
- W73753701 modified "2023-09-27" @default.
- W73753701 title "The Missing Globalization Puzzle: Another Explanation x" @default.
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