المستودع الأكاديمي جامعة المدينة

The Distance Puzzle: On the Interpretation of the Distance Coefficient in Gravity Equations

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dc.creator Buch, Claudia M.
dc.creator Kleinert, Jörn
dc.creator Toubal, Farid
dc.date 2003
dc.date.accessioned 2013-10-16T06:57:21Z
dc.date.available 2013-10-16T06:57:21Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17901
dc.identifier ppn:363645829
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17901
dc.description Globalization seems to have diminished the importance of geographical distance. However, empirical studies find that distance coefficients in gravity equations change little over time. This paper argues that changes in distance coefficients do not carry much information on changes in distance costs over time. Changes in distance costs are to a large extent picked up solely in the constant term of gravity models. The distance coefficient instead measures the relative difference between far way and close countries. A proportional fall in distance costs that leads to a proportional increase in economic activity would be consistent with constant distance coefficients.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1159
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F21
dc.subject F0
dc.subject ddc:330
dc.subject distance coefficients
dc.subject gravity equations
dc.subject globalization
dc.subject Gravitationsmodell
dc.subject Schätztheorie
dc.subject Internationale Wirtschaftsbeziehungen
dc.subject Räumliche Verteilung
dc.subject Globalisierung
dc.subject Theorie
dc.subject Deutschland
dc.subject Distanz
dc.title The Distance Puzzle: On the Interpretation of the Distance Coefficient in Gravity Equations
dc.type doc-type:workingPaper
dc.coverage 1990-2000


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