What Explains the Volume and Composition of Trade?: Industrial Evidence from a Panel of Countries
This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners' factor endowments...
Gespeichert in:
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| Weitere Verfasser: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2014
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1128 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners' factor endowments and policies have on bilateral trade, and to analyse the effect of tariffs on the volume and composition of trade. We find that distance, common language, common border and regional trade agreements are important determinants of overall trade, and that factor endowments, policies and institutions, of both the exporter and its trading partners, are main determinants of what and where a country exports. By contrast, we find that trade policies based on tariffs on imported goods not only generate negative spillovers to trading partners by reducing their exports, but they are also likely to reduce exports of countries that impose the tariffs, in particular in industries that rely more on intermediate goods. |
| Beschreibung: | 1 Online-Ressource (37 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5jz2hz3tm6vj-en |
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| 520 | |a This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners' factor endowments and policies have on bilateral trade, and to analyse the effect of tariffs on the volume and composition of trade. We find that distance, common language, common border and regional trade agreements are important determinants of overall trade, and that factor endowments, policies and institutions, of both the exporter and its trading partners, are main determinants of what and where a country exports. By contrast, we find that trade policies based on tariffs on imported goods not only generate negative spillovers to trading partners by reducing their exports, but they are also likely to reduce exports of countries that impose the tariffs, in particular in industries that rely more on intermediate goods. | ||
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| indexdate | 2024-11-26T14:55:55Z |
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| spelling | Johansson, Åsa VerfasserIn aut What Explains the Volume and Composition of Trade? Industrial Evidence from a Panel of Countries Åsa, Johansson ... [et al] = Quels sont les déterminants du volume et de la composition des échanges? : Analyse empirique sur des données de panel de divers pays / Åsa, Johansson ... [et al] Quels sont les déterminants du volume et de la composition des échanges? Paris OECD Publishing 2014 1 Online-Ressource (37 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1128 This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners' factor endowments and policies have on bilateral trade, and to analyse the effect of tariffs on the volume and composition of trade. We find that distance, common language, common border and regional trade agreements are important determinants of overall trade, and that factor endowments, policies and institutions, of both the exporter and its trading partners, are main determinants of what and where a country exports. By contrast, we find that trade policies based on tariffs on imported goods not only generate negative spillovers to trading partners by reducing their exports, but they are also likely to reduce exports of countries that impose the tariffs, in particular in industries that rely more on intermediate goods. Economics Kowalski, Przemyslaw MitwirkendeR ctb Olaberría, Eduardo MitwirkendeR ctb Pellegrino, Dario MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5jz2hz3tm6vj-en Volltext |
| spellingShingle | Johansson, Åsa What Explains the Volume and Composition of Trade? Industrial Evidence from a Panel of Countries Economics |
| title | What Explains the Volume and Composition of Trade? Industrial Evidence from a Panel of Countries |
| title_alt | Quels sont les déterminants du volume et de la composition des échanges? |
| title_auth | What Explains the Volume and Composition of Trade? Industrial Evidence from a Panel of Countries |
| title_exact_search | What Explains the Volume and Composition of Trade? Industrial Evidence from a Panel of Countries |
| title_full | What Explains the Volume and Composition of Trade? Industrial Evidence from a Panel of Countries Åsa, Johansson ... [et al] = Quels sont les déterminants du volume et de la composition des échanges? : Analyse empirique sur des données de panel de divers pays / Åsa, Johansson ... [et al] |
| title_fullStr | What Explains the Volume and Composition of Trade? Industrial Evidence from a Panel of Countries Åsa, Johansson ... [et al] = Quels sont les déterminants du volume et de la composition des échanges? : Analyse empirique sur des données de panel de divers pays / Åsa, Johansson ... [et al] |
| title_full_unstemmed | What Explains the Volume and Composition of Trade? Industrial Evidence from a Panel of Countries Åsa, Johansson ... [et al] = Quels sont les déterminants du volume et de la composition des échanges? : Analyse empirique sur des données de panel de divers pays / Åsa, Johansson ... [et al] |
| title_short | What Explains the Volume and Composition of Trade? |
| title_sort | what explains the volume and composition of trade industrial evidence from a panel of countries |
| title_sub | Industrial Evidence from a Panel of Countries |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/5jz2hz3tm6vj-en |
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