Work

The effect of broadband on European Union trade: A regional spatial approach

Year: 2018

Type: article

Abstract: The positive effect of information and communication technologies (ICT) on trade between countries has been widely studied in the literature, but how ICT impacts regional trade is limited due to the lack of regional trade data. In this paper, we test whether broadband, as a proxy for ICT, increases bilateral trade at the regional level in Europe. We use a novel regional trade database of European Union regions and estimate an origin–destination flow gravity model for 2007 and 2010, accounting for spatial dependence among trade flows. Our results indicate that broadband is positive and significant in explaining trade patterns between European regions during both time periods.

Source: World Economy

DOI: 10.1111/twec.12723

Authors: Javier Barbero, Ernesto Rodriguez‐Crespo

Institutions: European Commission, Joint Research Center, Universidad Autónoma de Madrid

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: hybrid

Estimated APC paid: $3,570