Recent research suggests that trade costs influence the pattern of specialization and trade, but there is limited empirical research on the determinants of trade costs. The existing literature identifies a range of barriers that separate nations, but then typically focuses only on transport costs. Although communication costs figure prominently in intuitive explanations and casual observations, they have played little role in the formal analysis of...
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2002/11/30
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Document de travail de recherche sur les politiques
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WPS2929
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1
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1
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2010/07/01
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Assessing the impact of communication costs on international trade
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board of governors of the federal reserve system
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