The paper identifies the impact of physical barriers to trade within Central America through the use of an augmented and partially constrained Gravity Model of Trade. Adjusting the Euclidian distance factor for Central America by real average transport times, the model quantifies the impact of poor connectivity and border frictions on the region's internal trade as well as its trade with external partners, such as the United States and Europe. In...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2010/12/01
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Рабочий документ в рамках исследования вопросов политики
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WPS5506
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1
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1
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2010/12/01
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Disclosed
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Understanding the benefits of regional integration to trade : the application of a gravity model to the case of Central America
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Canadian Journal of Economics