South-South Trade In Goods
The empirical analysis presented in this paper indicates that trade between developing countries (South-South trade) offers a wide scope for specialisation and efficiency gains. The first part of the paper takes an ex-post perspective and employs the gravity methodology to contribute to understanding past trends in world goods trade with a special focus on South-South trade. Analysis shows that far from experiencing a ?death of distance?, South-South trade is still severely...
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