search query: @indexterm INTERNATIONAL TRADE / total: 2170
reference: 367 / 2170
Author: | Rauch, J. E. |
Title: | Networks versus markets in international trade |
Journal: | Journal of International Economics
1999 : JUN, VOL. 48:1, p. 7-35 |
Index terms: | Markets International trade Trade barriers Networks Models |
Language: | eng |
Abstract: | In the paper, a network / search view of international trade in differentiated products is proposed. Evidence is presented supporting the view that proximity and common language / colonial ties are more important for differentiated products than for products traded on organized exchanges in matching international buyers and sellers, and that search barriers to trade are higher for differentiated than for homogenous products. Alternative explanations for the findings are also discussed. |
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