Geographical Disadvantage: A Heckscher-Ohlin--von Thunen Model of International Specialization.
What effect does distance have on costs for economies at different locations? Exports and imports of final and intermediate goods bear transport costs that increase with distance. Production and trade depend on factor endowments and factor intensities as well as on distance and the transport intensi...
Main Authors: | Venables, A, Limao, N |
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Format: | Working paper |
Language: | English |
Published: |
World Bank
1999
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