期刊名称：DIW Diskussionspapiere / Deutsches Institut für Wirtschaftsforschung, Berlin
出版年度：2007
卷号：2007
出版社：Deutsches Institut für Wirtschaftsforschung, Berlin
摘要：This study suggests another explanation of the "missing globalization puzzle"
typically observed in the empirical gravity models. In contrast to the previous
research that focused on aggregated trade flows, we employ the trade flows in
manufacturing products broken down by 25 three-digit ISIC Rev.2 categories. We
estimate the distance coefficient using the log-linear specification of the
standard as well as the generalized gravity equations. Our data set comprises
trade flows for 22 OECD countries that span the time period from 1970 till 2000.
We observe a substantial decline in the value of the distance elasticity in most
manufacturing industries.
