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...

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Bibliographic Details
Main Authors: Chen, Y, Ioannides, YM, Rauch, F
Format: Working paper
Language:English
Published: University of Oxford 2022