Is the Border Effect an Artefact of Geographical Aggregation?

The existence of a large border effect is considered as one of the main puzzles of international macroeconomics. We show that the border effect is, to a large extent, an artefact of geographical concentration. To do so, we combine international flows with intra-national flows data characterised by a...

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Detalles Bibliográficos
Autores: Minondo, Asier, Llano Verduras, Carlos, Requena Silvente, Francisco
Tipo de recurso: artículo
Fecha de publicación:2011
País:España
Institución:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:inglés
OAI Identifier:oai:repositorio.uam.es:10486/668809
Acceso en línea:http://hdl.handle.net/10486/668809
https://dx.doi.org/10.1111/j.1467-9701.2011.01398.x
Access Level:acceso abierto
Palabra clave:Border effect
Distance
Interregional trade
International trade
Spanish provinces
Economía
Descripción
Sumario:The existence of a large border effect is considered as one of the main puzzles of international macroeconomics. We show that the border effect is, to a large extent, an artefact of geographical concentration. To do so, we combine international flows with intra-national flows data characterised by a high geographical grid. At this fine grid, intra-national flows are highly localised and dropping sharply with distance. The use of a small geographical unit of reference to measure intra-national bilateral trade flows allows to estimating correctly the negative impact of distance on shipments. When we use sector disaggregated export flows of 50 Spanish provinces in years 2000 and 2005 split into inter-provincial and inter-national flows, we find that the border effect is reduced substantially and even becomes statistically not different from zero in some estimations.