The authors determine how time delays affect international trade using newly collected World Bank data on the days it takes to move standard cargo from the factory gate to the ship in 126 countries. They estimate a modified gravity equation, controlling for endogeneity and remoteness. On average, each additional day that a product is delayed prior to being shipped reduces trade by at least 1 percent. Put differently, each day is equivalent to a country...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2006/05/01
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Рабочий документ в рамках исследования вопросов политики
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WPS3909
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1
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1
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2010/07/01
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Disclosed
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Trading on time
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gross domestic product per capita