Do better international logistics reduce trade costs, raising a developing country's exports? Yes, but the magnitude of the effect depends on the country's size. The authors apply a gravity model that accounts for firm heterogeneity and multilateral resistance to a comprehensive new international logistics index. A one-standard deviation improvement in logistics is equivalent to a 14 percent reduction in distance. An average-sized developing country...
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INFORMACIÓN
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2011/06/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS5691
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1
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1
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2011/06/01
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Disclosed
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Exports and international logistics
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bilateral trade