Mirza, Daniel; Zitouna, Habib - Centre d'études prospectives et d'informations … - 2009
This paper studies the effect of oil prices on the geography of international trade. We model transport costs as a … function of variable and fixed costs. By affecting the first cost component, oil prices can then modify the structure of … reallocation of trade at the expense of remote countries. In that respect, an increase in oil prices should favor regionalism. …