Publication:
Has Distance Died? : Evidence from a Panel Gravity Model

creativeworkseries.issn1564-698X
dc.contributor.authorBrun, Jean-Francois
dc.contributor.authorCarrere, Celine
dc.contributor.authorGuillaumont, Patrick
dc.contributor.authorde Melo, Jaime
dc.date.accessioned2014-01-03T21:32:27Z
dc.date.available2014-01-03T21:32:27Z
dc.date.issued2005-01
dc.description.abstractThe estimated coefficient of distance on the volume of trade is generally found to increase rather than decrease through time using the traditional gravity model of trade. This distance puzzle proved robust to several ad hoc versions of the model using data for 1962-96 for a large sample of 130 countries. The introduction of an augmented barrier to trade function removes the paradox, yielding a decline in the estimate of the elasticity of trade to distance of about 11 percent over the 35-year period for the whole sample. However, the death of distance is shown to be largely confined to bilateral trade between rich countries, with poor countries becoming marginalized.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/01/17747607/distance-died-evidence-panel-gravity-model
dc.identifier.citationWorld Bank Economic Review
dc.identifier.doi10.1596/16487
dc.identifier.otherdoi:10.1093/wber/lhi004
dc.identifier.urihttps://hdl.handle.net/10986/16487
dc.languageEnglish
dc.language.isoen_US
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectABSOLUTE VALUE
dc.subjectAGGREGATE TRADE
dc.subjectBILATERAL IMPORTS
dc.subjectBILATERAL TRADE
dc.subjectBILATERAL TRADE DATA
dc.subjectCD
dc.subjectCOEFFICIENT ESTIMATE
dc.subjectCOMMODITY
dc.subjectCOMMON COLONIZER
dc.subjectCOMMON CURRENCY
dc.subjectCOMMON MARKET
dc.subjectCONSTANT ELASTICITY OF SUBSTITUTION
dc.subjectCONSUMPTION PRICE INDEX
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCOST OF TRANSPORT
dc.subjectCOUNTRY DUMMY
dc.subjectCOUNTRY DUMMY VARIABLES
dc.subjectCOUNTRY FIXED EFFECTS
dc.subjectCURRENCY
dc.subjectCURRENCY UNION
dc.subjectCURRENCY UNIONS
dc.subjectCURRENCY VALUE
dc.subjectDEPENDENT VARIABLE
dc.subjectDEPRECIATION
dc.subjectDEVELOPING ECONOMIES
dc.subjectDUMMY VARIABLE
dc.subjectDUMMY VARIABLES
dc.subjectECONOMETRICS
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMICS
dc.subjectELASTICITIES
dc.subjectELASTICITY
dc.subjectELASTICITY OF DEMAND
dc.subjectELASTICITY OF SUBSTITUTION
dc.subjectELASTICITY OF TRADE
dc.subjectELASTICITY OF ~ ~ SUBSTITUTION
dc.subjectENDOGENOUS VARIABLES
dc.subjectERROR TERM
dc.subjectEXCHANGE RATE UNCERTAINTY
dc.subjectEXCHANGE RATE VOLATILITY
dc.subjectEXOGENOUS VARIABLES
dc.subjectEXPLANATORY VARIABLES
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectFACTOR ENDOWMENTS
dc.subjectFEDERAL RESERVE
dc.subjectFEDERAL RESERVE BANK
dc.subjectFIXED EFFECTS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFREE TRADE
dc.subjectFREE TRADE AREA
dc.subjectFREIGHT
dc.subjectFREIGHT COSTS
dc.subjectGDP
dc.subjectGDP DEFLATOR
dc.subjectGLOBALIZATION
dc.subjectGRAVITY EQUATION
dc.subjectGRAVITY MODEL
dc.subjectGRAVITY MODELS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHIGH-INCOME COUNTRIES
dc.subjectIMPORT
dc.subjectINCOME
dc.subjectINCOME ELASTICITY
dc.subjectINCOME ELASTICITY OF DEMAND
dc.subjectINCOME GROWTH
dc.subjectINCREASING RETURNS
dc.subjectINDUSTRIAL COUNTRIES
dc.subjectINDUSTRIALIZATION
dc.subjectINSTRUMENTAL VARIABLE
dc.subjectINSTRUMENTAL VARIABLES
dc.subjectINSURANCE
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL FINANCIAL STATISTICS
dc.subjectINTERNATIONAL MACROECONOMICS
dc.subjectINTERNATIONAL TRADE
dc.subjectLAND TRANSPORT
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMACROECONOMICS
dc.subjectMARGINAL COST
dc.subjectMARITIME TRANSPORT
dc.subjectMODE OF TRANSPORT
dc.subjectMONETARY UNION
dc.subjectMONOPOLISTIC COMPETITION
dc.subjectMULTILATERAL TRADE
dc.subjectMULTILATERAL TRADE ARRANGEMENTS
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectPATTERN OF TRADE
dc.subjectPER CAPITA INCOME
dc.subjectPOLITICAL ECONOMY
dc.subjectPRICE INDEX
dc.subjectPRICE INDEXES
dc.subjectPRICE OF OIL
dc.subjectPRICE RATIOS
dc.subjectPRIMARY COMMODITIES
dc.subjectRAILWAYS
dc.subjectREAL EFFECTIVE EXCHANGE RATE
dc.subjectREAL EXCHANGE RATE
dc.subjectREAL EXCHANGE RATES
dc.subjectREGIONALISM
dc.subjectREGIONALIZATION
dc.subjectRELATIVE PRICES
dc.subjectROADS
dc.subjectROBUSTNESS CHECKS
dc.subjectROUTES
dc.subjectSERIAL CORRELATION
dc.subjectSMALL COUNTRIES
dc.subjectSPECIALIZATION
dc.subjectSUPPLY SIDE
dc.subjectTECHNOLOGICAL CHANGES
dc.subjectTOTAL EXPORTS
dc.subjectTRADE AGREEMENTS
dc.subjectTRADE BARRIER
dc.subjectTRADE BARRIERS
dc.subjectTRADE COSTS
dc.subjectTRADE MORE
dc.subjectTRADE PARTNER
dc.subjectTRADE PATTERNS
dc.subjectTRADE RELATIONSHIPS
dc.subjectTRADE STATISTICS
dc.subjectTRADING BLOCS
dc.subjectTRADING PARTNERS
dc.subjectTRANSACTION COSTS
dc.subjectTRANSACTIONS COSTS
dc.subjectTRANSIT
dc.subjectTRANSPORT
dc.subjectTRANSPORT COSTS
dc.subjectTRANSPORTATION
dc.subjectTRANSPORTATION COST
dc.subjectTRANSPORTATION COSTS
dc.subjectUTILITY FUNCTION
dc.subjectUTILITY MAXIMIZATION
dc.subjectVOLUME OF TRADE
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD ECONOMY
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.titleHas Distance Died? : Evidence from a Panel Gravity Modelen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.date.disclosure2013-05-23
okr.date.doiregistration2025-05-06T10:54:13.965901Z
okr.doctypePublications & Research::Journal Article
okr.doctypePublications & Research::Journal Article
okr.docurlhttp://documents.worldbank.org/curated/en/2005/01/17747607/distance-died-evidence-panel-gravity-model
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid356081468337242589
okr.identifier.doi10.1093/wber/lhi004
okr.identifier.externaldocumentum000442464_20130523124721
okr.identifier.internaldocumentum17747607
okr.identifier.report77483
okr.journal.nbpages99-120
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/05/23/000442464_20130523124721/Rendered/PDF/774830JRN020050C00Has0Distance0Died.pdfen
okr.peerreviewAcademic Peer Review
okr.topicInternational Economics and Trade::Free Trade
okr.topicEconomic Theory and Research
okr.topicFinance and Financial Sector Development::Currencies and Exchange Rates
okr.topicPrivate Sector Development::Emerging Markets
okr.topicTransport Economics Policy and Planning
okr.topicMacroeconomics and Economic Growth
okr.topicTransport
okr.unitPartnerships Capacity Building (DECPO)
okr.volume19(1)
relation.isJournalIssueOfPublication666f0256-f2d5-4606-90a5-c59f44c893a4
relation.isJournalIssueOfPublication.latestForDiscovery666f0256-f2d5-4606-90a5-c59f44c893a4
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublication5319d77f-a6c2-4e7a-a38c-d248adcc7219
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