As tariffs and other formal barriers to trade have fallen across developing and industrialized regions, transport and logistics costs have become, in many cases, the biggest cost factor in the final price of delivered goods. The paper uses an augmented and partially constrained gravity model of trade to identify physical barriers to trade within Central America. Adjusting the Euclidian distance factor for Central America by real average transport...
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2010/11/01
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88017
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1
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1
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2014/05/15
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Disclosed
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Central America's intra and extra-regional trade potential : a gravity model approach to understanding regional integration
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Canadian Journal of Economics
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