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Measuring global and regional trade integration in terms of concentration of access

journal contribution
posted on 09.04.2019 by Huw Edwards
I apply concentration measures from the inequality literature—the Lorenz curve and Gini coefficient—to the measurement of global and regional integration, and show that these can be derived from the theoretical gravity model in the presence of unequal costs of access for firms from different locations to aparticular market. Overall, comparing nine economies, I find that the United States is the most globalized on these measures, and India and China are the least globalized. The smaller EU economies, which are very open on standard measures, should probably be viewed as regionalized rather than globalized.

History

School

  • Business and Economics

Department

  • Economics

Published in

Review of World Economics

Volume

143

Issue

(2)

Pages

256 - 276

Citation

EDWARDS, T.H., 2007. Measuring global and regional trade integration in terms of concentration of access. Review of World Economics, 143 (2), pp.256-276.

Publisher

Springer © Kiel Institute

Version

VoR (Version of Record)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

2007

Notes

This paper is closed access.

ISSN

1610-2878

Language

en

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