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Trade in the Triad: how easy is the access to large markets? Author info | Abstract | Publisher info | Download info | Related research | Statistics Lionel Fontagné
Thierry Mayer
Soledad Zignago
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In this paper, we measure market access between the United States, the EU, and Japan (the Triad), using the effect of national borders on trade patterns. We investigate overall and industry-level trends of bilateral trade openness and provide explanations for those using proxies for bilateral observed protection (tariffs and NTBs), home bias of consumers, product differentiation, and levels of FDI. The explanations related to actual protection, home bias and substitutability of goods put together explain a large part of the border effect between blocs of the Triad, although they do not explain the whole of the border effect puzzle.
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Article provided by Canadian Economics Association in its journal Canadian Journal of Economics .
Volume (Year): 38 (2005)
Issue (Month): 4 (November)
Pages: 1401-1430
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Handle: RePEc:cje:issued:v:38:y:2005:i:4:p:1401-1430Contact details of provider: Postal: Canadian Economics Association Prof. Steven Ambler, Secretary-Treasurer c/o Olivier Lebert, CEA/CJE/CPP Office C.P. 35006, 1221 Fleury Est Montréal, Québec, Canada H2C 3K4 Email: Web page: http://economics.ca/cje/ More information through EDIRC
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Find related papers by JEL classification: F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies F15 - International Economics - - Trade - - - Economic Integration
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