History, Culture, and Trade: A Dynamic Gravity Approach

Arbeitspapier

What determines trade patterns? Habit persistence in consumer tastes and learning-by-doing in production imply that history and culture matter. Deriving a dynamic gravity equation from a simple model, it is shown that cultural similarity is a product of history, so that trade patterns are a function of bilateral GDP, current trade costs, and the past history of trade costs. Using a trade data set which spans from 1870 to 2000, I demonstrate that many gravity variables operate via lagged trade, that historical trade shocks matter, and that trade patterns are persistent, even across centuries.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: EERI Research Paper Series ; No. 26/2010

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Trade: General ; Models of Trade with Imperfect Competition and Scale Economies; Fragmentation ; International Migration ; Economic History: Transport, International and Domestic Trade, Energy, Technology, and Other Services: General, International, or Comparative
• Thema: Dynamic Gravity Equation ; Endogenous Preferences ; Habit Persistence ; Learning By-Doing

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Campbell, Douglas L.
• Ereignis: Veröffentlichung
• (wer): Economics and Econometrics Research Institute (EERI)
• (wo): Brussels
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/142588
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ