Arbeitspapier
Infrastructure and trade: A gravity analysis for major trade categories using a new index of infrastructure
Making use of considerably improved measures of infrastructure, we assess the impact of infrastructure on bilateral trade for a panel of 37 developed and emerging economies during the period 1995-2011. We find significant and non-linear effects of overall infrastructure and infrastructure in transportation, communication, energy, and finance on trade in consumption goods, capital goods, and intermediates. Our major findings prove to be robust to various modifications and extensions of the gravity model. Importantly, we still observe significant and non-linear effects of infrastructure on bilateral trade after accounting for potential reverse causality.
- Language
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Englisch
- Bibliographic citation
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Series: Kiel Working Paper ; No. 2016
- Classification
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Wirtschaft
Empirical Studies of Trade
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- Subject
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trade
infrastructure
transport
ICT
energy
finance
- Event
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Geistige Schöpfung
- (who)
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Donaubauer, Julian
Glas, Alexander
Nunnenkamp, Peter
- Event
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Veröffentlichung
- (who)
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Kiel Institute for the World Economy (IfW)
- (where)
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Kiel
- (when)
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2015
- Handle
- Last update
- 10.03.2025, 11:42 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Donaubauer, Julian
- Glas, Alexander
- Nunnenkamp, Peter
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2015