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
Englisch

Bibliographic citation
Series: Kiel Working Paper ; No. 2016

Classification
Wirtschaft
Empirical Studies of Trade
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Subject
trade
infrastructure
transport
ICT
energy
finance

Event
Geistige Schöpfung
(who)
Donaubauer, Julian
Glas, Alexander
Nunnenkamp, Peter
Event
Veröffentlichung
(who)
Kiel Institute for the World Economy (IfW)
(where)
Kiel
(when)
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

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