The dynamics of international trade integration: 1967–2004
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Altres documents de l'autoria: Arribas, Iván; Pérez García, Francisco; Tortosa-Ausina, Emili
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http://dx.doi.org/10.1007/s00181-012-0679-9 |
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Títol
The dynamics of international trade integration: 1967–2004Data de publicació
2014Editor
Springer VerlagISSN
0377-7332; 1435-8921Tipus de document
info:eu-repo/semantics/articleVersió de l'editorial
http://link.springer.com/article/10.1007/s00181-012-0679-9Paraules clau / Matèries
Resum
This article explores how trade integration has advanced over the last four
decades and what the foreseeable future holds, among other related questions. To
this end, we consider certain methods which have scarcely ... [+]
This article explores how trade integration has advanced over the last four
decades and what the foreseeable future holds, among other related questions. To
this end, we consider certain methods which have scarcely been used in the literature
on trade integration. First, we measure trade integration through a set of indicators
which control not only for how open economies are, but also for their degrees of
connectedness in the World Trade Web. Second, we assess how these indicators have
evolved over time, what the likely steady state distribution might be, and whether
results could differ depending on a variety of weighting schemes (GDP, population).
The results show that, under current trends, future world trade will be much more
trade-integrated, especially for the most heavily populated countries. However, there
is still a long way to go before reaching the hypothetical scenario of geographically
neutral trade. [-]
Publicat a
Empirical Economics, 2014, vol 46, núm 1Drets d'accés
© Springer-Verlag Berlin Heidelberg 2013
© Springer, Part of Springer Science+Business Media “The final publication is available at link.springer.com”.
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