TY  - JOUR
AU  - Rauch,James E.
TI  - Networks versus Markets in International Trade
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5617
PY  - 1996
Y2  - June 1996
UR  - http://www.nber.org/papers/w5617
L1  - http://www.nber.org/papers/w5617.pdf
N1  - Author contact info:
James E. Rauch
Department of Economics
University of California, San Diego
La Jolla, CA 92093-0508
Tel: 858/534-2405
Fax: 858/534-7040
E-Mail: jrauch@weber.ucsd.edu
AB  - I propose a network/search view of international trade in differentiated products.  I present evidence that supports the view that proximity and common language/colonial ties are more important for differentiated products than for products traded on organized exchanges in matching international buyers and sellers, and that search barriers to trade are higher for differentiated than for homogeneous products.  I also discuss alternative explanations for the findings.
ER  -