Competition and the distance puzzle
| dc.contributor | Graduate Program in Economics. | |
| dc.contributor.advisor | Kuzubaş, Tolga Umut. | |
| dc.contributor.author | Selçuk, Serdar. | |
| dc.date.accessioned | 2023-03-16T12:00:13Z | |
| dc.date.available | 2023-03-16T12:00:13Z | |
| dc.date.issued | 2019. | |
| dc.description.abstract | This thesis aims to investigate the empirical relevance of the impact of sectoral competition on the increasing negative impact of geographic distance on international trade flows vis-a-vis the secular decline in the transportation and communication costs, which is known as the distance puzzle. Using disaggregated trade data, I find that as the international markets become more competitive; bilateral trade becomes more elastic to distance. My analysis reveal that increasing competition explains 20% of changes in the distance elasticity of trade between 1976 and 2016. I examine alternative hypothesis to explain the rising distance effect. My results imply that declining average tariff rates reduce the importance of distance on trade. I find that goods with increasing elasticity of substitution are likely to be more distance elastic over time. I also find that differentiated products are less distance sensitive compared to homogenous goods. | |
| dc.format.extent | 30 cm. | |
| dc.format.pages | ix, 48 leaves ; | |
| dc.identifier.other | EC 2019 S45 | |
| dc.identifier.uri | https://digitalarchive.library.bogazici.edu.tr/handle/123456789/16329 | |
| dc.publisher | Thesis (M.A.) - Bogazici University. Institute for Graduate Studies in the Social Sciences, 2019. | |
| dc.subject.lcsh | Commercial policy -- Competition. | |
| dc.subject.lcsh | International trade -- Competition. | |
| dc.title | Competition and the distance puzzle |
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