The CEPII Newsletter       
September 2018        



The French edition is slightly different as it also includes material available in French only  

Europe Monnaie & Finance Trade & Globalization Migrations Economic Policy Emerging Economies Competitivness & Growth Environment & Natural Ressources
  Focus

International Transport Costs: New Findings from Modeling Additive Costs

This working paper investigates the pattern of international transport costs over time, using information contained the US imports flows over 1974-2013. First, we document the importance of the per-unit (additive) component of transport costs, representing between one third and one half of overall transport costs. Second, unlike Hummels (2007), we find that trade composition effects do not matter much in explaining transport costs dynamics and, when they do, they tend to amplify (rather than reduce) the decrease in pure transport costs. In both aspects, our results point to the importance of the additive component in accounting for international transport costs.
Guillaume Daudin, Jérôme Héricourt & Lise Patureau
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  Edito




Exporting creative and cultural products: Birthplace diversity matters!

This paper, published in World Economy, analyses the effect of birthplace diversity on exports of creative and cultural goods, for 19 OECD countries, over the period 1990–2010. By matching UNESCO's creative and cultural exports classification to trade and migration data, we find a strong positive effect of birthplace diversity on the export of creative products. In particular, a 10% increase in the birthplace diversity index implies a 4% increase in creative goods exports.
Gianluca Orefice & Gianluca Santoni
See more in the working paper here

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ISSN: 1255-7072
Editorial Director : Sébastien Jean
Managing Editor : Dominique Pianelli