Development of trade blocs in an era of globalization: Proximity still matters
This article describes the development of international trade blocs world wide from the 1950s till 2010. We updated the data on international trade flows and introduced a new trade bloc variable based on the intramax hierarchical clustering technique, which defines trade blocs on actual trade intensities and not - as was preciously done - by traditional geographic and political factors: such as the division into a triad of economic regions based on North America, the European Union and Japan. Nevertheless, the results of intramax hierarchical clustering indicate that actual trade flows are very much influenced by geographical and political factors; after all, proximity matters. To explain how mechanism of globalization changed trade patterns over the last half century and how - in the end - proximity is one of the most explanatory variables - we furthermore apply multivariate analysis with gravity-model based variables aims to explain which geographical, political and cultural factors do contribute to the (importance of) proximity in trade partners. In addition we also apply GIS to analyze patterns and proximity issues.
|Date of creation:||Sep 2011|
|Date of revision:|
|Contact details of provider:|| Postal: Welthandelsplatz 1, 1020 Vienna, Austria|
Web page: http://www.ersa.org
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.:
- Keith Head & Thierry Mayer & John Ries, 2008.
"The erosion of colonial trade linkages after independence,"
Sciences Po publications
6951, Sciences Po.
- Head, Keith & Mayer, Thierry & Ries, John, 2010. "The erosion of colonial trade linkages after independence," Journal of International Economics, Elsevier, vol. 81(1), pages 1-14, May.
- Thierry Mayer & Keith Head & John Ries, 2008. "The Erosion of Colonial Trade Linkages after Independence," Working Papers 2008-27, CEPII research center.
- Head, Keith & Mayer, Thierry & Ries, John, 2008. "The Erosion of Colonial Trade Linkages After Independence," CEPR Discussion Papers 6951, C.E.P.R. Discussion Papers.
- Keith Head & Thierry Mayer & John Ries, 2008. "The erosion of colonial trade linkages after independence," Working Papers hal-01066116, HAL.
- Keith Head & Thierry Mayer & John Ries, 2011. "The erosion of colonial trade linkages after independence," Post-Print hal-01024396, HAL.
- Keith Head & Thierry Mayer & John Ries, 2011. "The erosion of colonial trade linkages after independence," Sciences Po publications info:hdl:2441/c8dmi8nm4pd, Sciences Po.
- Frankel, Jeffrey & Stein, Ernesto & Wei, Shang-jin, 1995. "Trading blocs and the Americas: The natural, the unnatural, and the super-natural," Journal of Development Economics, Elsevier, vol. 47(1), pages 61-95, June.
- James Faulconbridge, 2007. "Global shift. Mapping the changing contours of the world economy (5th edition)," Journal of Economic Geography, Oxford University Press, vol. 7(6), pages 599-779, November.
- Miren Lafourcade & Elisenda Paluzie, 2011. "European Integration, Foreign Direct Investment (FDI), and the Geography of French Trade," Regional Studies, Taylor & Francis Journals, vol. 45(4), pages 419-439.
- I Masser & P J B Brown, 1975. "Hierarchical Aggregation Procedures for Interaction Data," Environment and Planning A, SAGE Publishing, vol. 7(5), pages 509-523, August.
When requesting a correction, please mention this item's handle: RePEc:wiw:wiwrsa:ersa11p122. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gunther Maier)
If references are entirely missing, you can add them using this form.