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Distance, Time and Specialization Author info | Abstract | Publisher info | Download info | Related research | Statistics James Harrigan
Carolyn Evans
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Time is money, and distance matters. We model the interaction of these truisms, and show the implications for global specialization and trade: products where timely delivery is important will be produced near the source of final demand, where wages will be higher as a result. In the model, timely delivery is important because it allows retailers to respond to fluctuating final demand without holding costly inventories, and timely delivery is only possible from nearby locations. Using a unique dataset that allows us to measure the retail demand for timely delivery, we show that the sources of US apparel imports have shifted in the way predicted by the model, with products where timeliness matters increasingly imported from nearby countries.
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Paper provided by Econometric Society in its series Econometric Society 2004 North American Winter Meetings with number
640.
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Date of creation: 11 Aug 2004Date of revision:
Handle: RePEc:ecm:nawm04:640Contact details of provider: Phone: 1 212 998 3820 Fax: 1 212 995 4487 Email: Web page: http://www.econometricsociety.org/pastmeetings.asp More information through EDIRC
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Keywords: specialization trade timely delivery Other versions of this item:
Paper Carolyn Evans & James Harrigan, 2003.
"Distance, time, and specialization ,"
International Finance Discussion Papers
766, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!] Carolyn L. Evans & James Harrigan, 2003.
"Distance, Time, and Specialization ,"
NBER Working Papers
9729, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Find related papers by JEL classification: F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
Hummels, David, 2001.
"Time as a Trade Barrier ,"
GTAP Working Papers
1152, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
[Downloadable!]
Stephen Redding & Anthony J. Venables, 2001.
"Economic Geography and International Inequality ,"
CEP Discussion Papers
0495, Centre for Economic Performance, LSE.
[Downloadable!]
Other versions:
Stephen Redding & Anthony J. Venables, 2001.
"Economic Geography and International Inequality ,"
International Trade
0103003, EconWPA.
[Downloadable!] Redding, Stephen J & Venables, Anthony J., 2000.
"Economic Geography and International Inequality ,"
CEPR Discussion Papers
2568, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Redding, Stephen & Venables, Anthony J., 2004.
"Economic geography and international inequality ,"
Journal of International Economics ,
Elsevier, vol. 62(1), pages 53-82, January.
[Downloadable!] (restricted) Anthony J. Venables, 2001.
"Geography and International Inequalities: the Impact of New Technologies ,"
CEP Discussion Papers
0507, Centre for Economic Performance, LSE.
[Downloadable!]
Masahisa Fujita & Paul Krugman & Anthony J. Venables, 2001.
"The Spatial Economy: Cities, Regions, and International Trade ,"
MIT Press Books ,
The MIT Press,
edition 1, volume 1, number 0262561476, December.
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Dan Magder, 2005.
"Egypt after the Multi-Fiber Arrangement: Global Apparel and Textile Supply Chains as a Route for Industrial Upgrading ,"
Peterson Institute Working Paper Series
WP05-8, Peterson Institute for International Economics.
[Downloadable!]
Deborah Swenson, 2005.
"Outsourcing Price Decisions: Evidence from U.S. 9802 Imports ,"
NBER Working Papers
11184, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Rodolfo Helg & Lucia Tajoli, 2004.
"Patterns of International Fragmentation of Production and Implications for the Labor Markets ,"
International Trade
0405002, EconWPA.
[Downloadable!]
Other versions: Deborah L. Swenson, 2004.
"Overseas Assembly and Country Sourcing Choices ,"
NBER Working Papers
10697, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Harrigan, James & Venables, Anthony J., 2004.
"Timeliness, Trade and Agglomeration ,"
CEPR Discussion Papers
4294, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
James Harrigan & Anthony J. Venables, 2004.
"Timeliness, Trade and Agglomeration ,"
NBER Working Papers
10404, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) James Harrigan & Anthony J. Venables, 2004.
"Timeliness, Trade and Agglomeration ,"
CEP Discussion Papers
dp0616, Centre for Economic Performance, LSE.
[Downloadable!] Lewis Evans and Patrick Hughes, 2003.
"Competition Policy in Small Distant Open Economies: Some Lessons from the Economics Literature ,"
Treasury Working Paper Series
03/31, New Zealand Treasury.
[Downloadable!]
Rodolfo Helg, 2005.
"Patterns of international fragmentation of production and the relative demand for labor ,"
LIUC Papers in Economics
167, Cattaneo University (LIUC).
[Downloadable!]
Other versions: Combes, Pierre-Philippe & Lafourcade, Miren & Mayer, Thierry, 2003.
"Can Business and Social Networks Explain the Border Effect Puzzle? ,"
CEPR Discussion Papers
3750, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Thierry Mayer & Pierre-Philippe Combes & Miren Lafourcade, 2004.
"Can Business and Social Networks Explain the Border Effect Puzzle? ,"
Econometric Society 2004 North American Winter Meetings
330, Econometric Society.
[Downloadable!] Pierre-Philippe Combes & Miren Lafourcade & Thierry Mayer, 2003.
"Can Business and Social Networks Explain the Border Effect Puzzle? ,"
Working Papers
2003-02, CEPII research center.
[Downloadable!] Mayer, Thierry & Pierre-Phillippe Combes & Miren Lafourcade, 2003.
"Can Business and Social Networks Explain the Border Effect Puzzle? ,"
Royal Economic Society Annual Conference 2003
150, Royal Economic Society.
[Downloadable!] David Hummels, 2006.
"The role of geography and size ,"
INTAL Working Papers
100, Inter-American Development Bank, INTAL.
[Downloadable!]
Carrere, Celine & Schiff, Maurice, 2004.
"On the geography of trade : distance is alive and well ,"
Policy Research Working Paper Series
3206, The World Bank.
[Downloadable!]
Berthelon, Matias & Freund, Caroline, 2004.
"On the conservation of distance in international trade ,"
Policy Research Working Paper Series
3293, The World Bank.
[Downloadable!]
Carolyn L. Evans & James Harrigan, 2004.
"Tight Clothing: How the MFA Affects Asian Apparel Exports ,"
NBER Working Papers
10250, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Prema-chandra Athukorala, 2007.
"The Rise of China and East Asian Export Performance: Is the Crowding-out Fear Warranted? ,"
Departmental Working Papers
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Robert C. Feenstra & Barbara J. Spencer, 2005.
"Contractual Versus Generic Outsourcing: The Role of Proximity ,"
NBER Working Papers
11885, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Céline CARRERE & Maurice SCHIFF, 2004.
"On the Geography of Trade: Distance is Alive and Well ,"
Working Papers
200423, CERDI.
[Downloadable!]
John Whalley & Xian Xin, 2007.
"Regionalization, Changes in Home Bias, and the Growth of World Trade ,"
NBER Working Papers
13023, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
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