Factor proportions, technology and West German industry’s international trade patterns

1977 ◽  
Vol 113 (2) ◽  
pp. 250-267 ◽  
Author(s):  
Frank Wolter
Keyword(s):  
International Trade ◽  
Trade Patterns ◽  
Factor Proportions

Gravity Models in International Trade: An Exploration in Econo-Physics

2021 ◽  
pp. 227797872198992
Author(s):  
Iman Pal ◽  
Saibal Kar
Keyword(s):  
Pattern Recognition ◽  
International Trade ◽  
Present Article ◽  
Gravity Models ◽  
Scientific Applications ◽  
Physical Sciences ◽  
Trade Patterns ◽  
Pattern Recognition Techniques ◽  
The Subject ◽  
Jel Classifications

Several strands of the static and dynamic theoretical constructs and the empirical applications in the subject of economics owe substantially to the well-known principles of physical sciences. The present article explores as to how the development of the popular gravity models in international trade can be traced back to Newton’s law of gravitation, and to both Ohm’s Law and Kirchhoff’s Law of current electricity, as well as to the pattern recognition techniques commonly deployed in scientific applications. In addition to surveying these theoretical analogies, the article also offers numerical applications for observed trade patterns between India and a set of countries. JEL Classifications: F41, F42, C61, F47

scholarly journals The Dynamics of International Trade Patterns

2007 ◽  
Author(s):  
Paulo Bastos ◽  
Manuel Heredia Cabral
Keyword(s):  
International Trade ◽  
Trade Patterns

scholarly journals External Economies and International Trade Redux: Comment*

2013 ◽  
Vol 128 (4) ◽  
pp. 1895-1905 ◽  
Author(s):  
Gary Lyn ◽  
Andrés Rodríguez-Clare
Keyword(s):  
International Trade ◽  
Multiple Equilibria ◽  
Mixed Strategy ◽  
Equilibrium Analysis ◽  
Perfect Competition ◽  
Transport Costs ◽  
Trade Patterns ◽  
Strategy Equilibrium ◽  
Pure Strategies ◽  
Alternative Set

Abstract Recently, Gene Grossman and Esteban Rossi-Hansberg (GRH; “External Economies and International Trade: Redux,” Quarterly Journal of Economics 125 [2010], 829–858) proposed a novel way to think about the implications of international trade in the presence of national external economies at the industry level. Instead of perfect competition and two industries, GRH assume Bertrand competition and a continuum of industries. GRH conclude that the equilibrium is unique if transport costs are low, that there is no trade for high transport costs, and that there is no equilibrium in pure strategies when transport costs are intermediate. In this note we reexamine the equilibrium analysis under different transport costs for a single industry (partial equilibrium) version of GRH’s model. We confirm many of GRH’s results, but also find that there are circumstances under which there are multiple equilibria, including equilibria in which trade patterns run counter to “natural” comparative advantage, and also find that there is a profitable deviation to the mixed-strategy equilibrium postulated by GRH for intermediate trading costs. We propose an alternative set of strategies for this case and establish that they constitute an equilibrium.

Distance-varying assortativity and clustering of the international trade network

2018 ◽  
Vol 6 (4) ◽  
pp. 517-544
Author(s):  
ANGELA ABBATE ◽  
LUCA DE BENEDICTIS ◽  
GIORGIO FAGIOLO ◽  
LUCIA TAJOLI
Keyword(s):  
International Trade ◽  
Trade Network ◽  
Trade Patterns ◽  
Linear Evolution ◽  
Non Linear ◽  
Trading Partners ◽  
Similar Distance ◽  
Triangular Trade ◽  
Geographical Space ◽  
International Trade Network

AbstractIn this paper, we study how the topology of the International Trade Network (ITN) changes in geographical space, and along time. We employ geographical distance between countries in the world to filter the links in the ITN, building a sequence of subnetworks, each one featuring trade links occurring at similar distance. We then test if the assortativity and clustering of ITN subnetworks changes as distance increases, and we find that this is indeed the case: distance strongly impacts, in a non-linear way, the topology of the ITN. We show that the ITN is disassortative at long distances, while it is assortative at short ones. Similarly, the main determinant of the overall high-ITN clustering level are triangular trade triples between geographically close countries. This means that trade partnership choices and trade patterns are highly differentiated over different distance ranges, even after controlling for the economic size and income per capita of trading partners, and it is persistent over time. This evidence has relevant implications for the non-linear evolution of globalization.

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