Asymmetric trading costs and ancient Greek cities
Asymmetric transport costs arise when shipping times from point i to point j differ from shipping from point j to i. We show that such asymmetric transport costs predict distinct patterns of location in a class of models using Dixit-Stiglitz preferences. We then study factors affecting the location...
| Main Authors: | , , |
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| Format: | Working paper |
| Language: | English |
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University of Oxford
2022
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| _version_ | 1797106625024098304 |
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| author | Chen, Y Ioannides, YM Rauch, F |
| author_facet | Chen, Y Ioannides, YM Rauch, F |
| author_sort | Chen, Y |
| collection | OXFORD |
| description | Asymmetric transport costs arise when shipping times from point i to point j differ from shipping from point j to i. We show that such asymmetric transport costs predict distinct patterns of location in a class of models using Dixit-Stiglitz preferences. We then study factors affecting the location of cities in ancient Hellas. Prevailing winds create an environment of asymmetric trade costs in ancient Greece. We show that predictions of these models are consistent with the location of ancient cities. |
| first_indexed | 2024-03-07T07:05:10Z |
| format | Working paper |
| id | oxford-uuid:b2fa5105-a62d-41a0-ae1b-145eda58cf57 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T07:05:10Z |
| publishDate | 2022 |
| publisher | University of Oxford |
| record_format | dspace |
| spelling | oxford-uuid:b2fa5105-a62d-41a0-ae1b-145eda58cf572022-04-21T08:32:54ZAsymmetric trading costs and ancient Greek citiesWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:b2fa5105-a62d-41a0-ae1b-145eda58cf57EnglishSymplectic ElementsUniversity of Oxford2022Chen, YIoannides, YMRauch, FAsymmetric transport costs arise when shipping times from point i to point j differ from shipping from point j to i. We show that such asymmetric transport costs predict distinct patterns of location in a class of models using Dixit-Stiglitz preferences. We then study factors affecting the location of cities in ancient Hellas. Prevailing winds create an environment of asymmetric trade costs in ancient Greece. We show that predictions of these models are consistent with the location of ancient cities. |
| spellingShingle | Chen, Y Ioannides, YM Rauch, F Asymmetric trading costs and ancient Greek cities |
| title | Asymmetric trading costs and ancient Greek cities |
| title_full | Asymmetric trading costs and ancient Greek cities |
| title_fullStr | Asymmetric trading costs and ancient Greek cities |
| title_full_unstemmed | Asymmetric trading costs and ancient Greek cities |
| title_short | Asymmetric trading costs and ancient Greek cities |
| title_sort | asymmetric trading costs and ancient greek cities |
| work_keys_str_mv | AT cheny asymmetrictradingcostsandancientgreekcities AT ioannidesym asymmetrictradingcostsandancientgreekcities AT rauchf asymmetrictradingcostsandancientgreekcities |