haku: @indexterm Macroeconomics / yhteensä: 544
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| Tekijä: | Amelung, T. |
| Otsikko: | The impact of transaction cost on the direction of trade: empirical evidence for Asia Pacific |
| Lehti: | Journal of Institutional and Theoretical Economics
1991 : DEC, VOL. 147:4, p.716-732 |
| Asiasana: | ECONOMICS MACROECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | The author considers transaction costs as an obstacle for international trade, affecting its regionalization, as the empirical analysis of Asia Pacific demonstrates. Using an econometric model the following determinants are tested with other standard variables: historical trade links, credibility of partners, cultural similarity and exchange rate fluctuations. |
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