in Journal of Economic Geography
September 2010; p ublished online September 2009 .
Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; International Trade; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economic Growth and Aggregate Productivity; Multiple or Simultaneous Equation Models; Multiple Variables. 6165 words.
Economic theory emphasizes that risk sharing makes it possible to exploit benefits from comparative advantages and economies of scale. Unlike previous studies we test (and reject) the...
Go to » abstract