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Trade Barriers on Capital Goods
Abstract
Capital goods play a major role in international trade. World production of capital goods and R&D activity are highly concentrated in some developed countries. Most of the countries, especially developing countries import the most of their capital equipment from some leading capital goods exporter countries. Therefore technological advances can be transmitted across borders through trade in capital goods. In international trade countries face trade costs. Trade costs can be in the form of transportation costs, quota, tariffs etc. The focus of this study is on
trade barriers on the capital goods implied by the pattern of bilateral trade. I recover trade costs from bilateral trade equation using the United Nations' International Comparison Program (ICP)'s price and bilateral trade data without imposing any restriction on the form of trade costs.
trade barriers on the capital goods implied by the pattern of bilateral trade. I recover trade costs from bilateral trade equation using the United Nations' International Comparison Program (ICP)'s price and bilateral trade data without imposing any restriction on the form of trade costs.
Keywords
References
- ALVAREZ, F., and R. J. LUCAS (2007) "General equilibrium analysis of the Eaton- Kortum model of international trade," Journal of Monetary Economics, 54 (6) pp. 1726-1768.
- ANDERSON, J., and E. van WINCOOP (2004) "Trade Costs," Journal of Economic Literature, pp. 691-751.
- BERNARD, A., J. EATON, J. B. JENSEN, and S. KORTUM (2003) "Plants and Productivity and International Trade," American Economic Review, 93, 1268-1290.
- COE, D., and E. HELPMAN (1995) "International R&D Spillovers," European Economic Review, 39 pp. 859-887.
- EATON, J., and S. KORTUM (2001) "Trade in Capital Goods", European Economic Review, 45, 1195-1235.
- EATON, J., and S. KORTUM (2002) "Technology, Geography, and Trade," Econometrica, 70, 1741-1779.
- FEENSTRA, R., R. LIPSEY, and H. BOWEN(1997) "World Trade Flows, 1970- 1992, with Production and Tariff Data," Working Paper No. 5910, NBER.
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Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Authors
Publication Date
March 17, 2015
Submission Date
March 17, 2015
Acceptance Date
-
Published in Issue
Year 2011 Volume: 31 Number: 2
APA
Vural, G. (2015). Trade Barriers on Capital Goods. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 31(2), 165-174. https://izlik.org/JA64KL55ED
AMA
1.Vural G. Trade Barriers on Capital Goods. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2015;31(2):165-174. https://izlik.org/JA64KL55ED
Chicago
Vural, Gülfer. 2015. “Trade Barriers on Capital Goods”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi 31 (2): 165-74. https://izlik.org/JA64KL55ED.
EndNote
Vural G (March 1, 2015) Trade Barriers on Capital Goods. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 31 2 165–174.
IEEE
[1]G. Vural, “Trade Barriers on Capital Goods”, Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi, vol. 31, no. 2, pp. 165–174, Mar. 2015, [Online]. Available: https://izlik.org/JA64KL55ED
ISNAD
Vural, Gülfer. “Trade Barriers on Capital Goods”. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi 31/2 (March 1, 2015): 165-174. https://izlik.org/JA64KL55ED.
JAMA
1.Vural G. Trade Barriers on Capital Goods. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2015;31:165–174.
MLA
Vural, Gülfer. “Trade Barriers on Capital Goods”. Marmara Üniversitesi İktisadi Ve İdari Bilimler Dergisi, vol. 31, no. 2, Mar. 2015, pp. 165-74, https://izlik.org/JA64KL55ED.
Vancouver
1.Gülfer Vural. Trade Barriers on Capital Goods. Marmara Üniversitesi İktisadi ve İdari Bilimler Dergisi [Internet]. 2015 Mar. 1;31(2):165-74. Available from: https://izlik.org/JA64KL55ED
