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Annual Review of Economics

Volume 7, 2015

The Gains from Market Integration

Abstract

How large are the gains from product market integration—or, equivalently, from a reduction in barriers to trade over space? This article surveys recent work on this question in the context of both international and intranational trade.

Keyword(s): gravity models, international trade, intranational trade, trade costs, transportation infrastructure
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2015-08-02
2024-04-19
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