Bilateral Trade Flows and Income-Distribution Similarity
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Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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Título
Bilateral Trade Flows and Income-Distribution SimilarityFecha de publicación
2016-05-03Editor
Public Library of ScienceISSN
1932-6203Cita bibliográfica
MARTÍNEZ-ZARZOSO, Inmaculada; VOLLMER, Sebastian. Bilateral Trade Flows and Income Distribution Similarity. PloS one, 2016, vol. 11, no 5, p. e0128191Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0128191Versión
info:eu-repo/semantics/publishedVersionPalabras clave / Materias
Resumen
Current models of bilateral trade neglect the effects of income distribution. This paper
addresses the issue by accounting for non-homothetic consumer preferences and hence
investigating the role of income distribution ... [+]
Current models of bilateral trade neglect the effects of income distribution. This paper
addresses the issue by accounting for non-homothetic consumer preferences and hence
investigating the role of income distribution in the context of the gravity model of trade. A
theoretically justified gravity model is estimated for disaggregated trade data (Dollar volume
is used as dependent variable) using a sample of 104 exporters and 108 importers for
1980–2003 to achieve two main goals. We define and calculate new measures of income
distribution similarity and empirically confirm that greater similarity of income distribution
between countries implies more trade. Using distribution-based measures as a proxy for
demand similarities in gravity models, we find consistent and robust support for the hypothesis
that countries with more similar income-distributions trade more with each other. The
hypothesis is also confirmed at disaggregated level for differentiated product categories. [-]
Publicado en
PloS one, 2016, vol. 11, no 5Derechos de acceso
http://rightsstatements.org/vocab/InC/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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