In a recent study published in the Journal of Regional Science, Damiaan Persyn and his co-authors from Spain and the Netherlands analyze the barriers that national and regional borders pose to goods trade. They also investigate how consumers substitute goods from different regions within a country or from various countries in response to price fluctuations. Understanding these relationships is crucial to recognizing the spatial economic dependencies between regions, which is essential for comprehending how economic shocks spread spatially between regions and countries.
Zofío JL, Diaz-Lanchas J, Persyn D, Barbero J (2024). Estimating national and foreign trade elasticities using generalized transport costs. Journal of Regional Science: Online First.
Link to the article: https://doi.org/10.1111/jors.12746
Contact: Dr. Damiaan Persyn