Islands as 'Bad Geography'. Insularity, Connectedness, Trade Costs and Trade

L. DeBenedictis and Anna Pinna ()
Authors registered in the RePEc Author Service: Luca De Benedictis ()

Working Paper CRENoS from Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia

Abstract: In this paper we explore the geographical dimension of insularity, measuring its effect on a comprehensive measure of trade costs (Novy 2012). Controlling for other geographical characteristics, connectedness (spatial proximity) and the role of historical events in shaping modern attitudes towards openness (measured through a quantification of routes descriptions in logbooks between 1750 and 1850), we give evidence that to be an island is not bad per se in terms of trade costs. Bad geography can be reversed by connectedness and open institutions.

Keywords: trade; Islands; gravity model; Geography; Connectedness (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-geo and nep-int
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:cns:cnscwp:201504

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