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The Gains from Market Integration

Author

Listed:
  • Dave Donaldson

    (Department of Economics, Stanford University, Stanford, California 94305)

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.

Suggested Citation

  • Dave Donaldson, 2015. "The Gains from Market Integration," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 619-647, August.
    • Handle: RePEc:anr:reveco:v:7:y:2015:p:619-647
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    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-economics-080213-041015
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    More about this item

    Keywords

    international trade; intranational trade; trade costs; gravity models; transportation infrastructure;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General

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