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A Topological Analysis of Trade Distance: Evidence from the Gravity Model and Complex Flow Networks
2020
Sustainability
As a classical trade model, the gravity model plays an important role in the trade policy-making process. However, the effect of physical distance fails to capture the effects of globalization and even ignores the multilateral resistance of trade. Here, we propose a general model describing the effective distance of trade according to multilateral trade paths information and the structure of the trade flow network. Quantifying effective trade distance aims to identify the hidden resistance
doi:10.3390/su12093511
fatcat:lmpoe2t6z5fo3az5hhhjsc2a4y