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Time Zones, Communications Networks, and International Trade
Hardcover
Series: Routledge Studies in the Modern World Economy
ISBN13: 9780415593120
Publisher: Routledge
Published: May 12 2011
Pages: 232
Weight: 1.05
Height: 0.70 Width: 6.20 Depth: 9.30
Language: English
In the existing literature on trade theory, relatively few attempts have been made to address the theme of communications networks and the role of time zones. The book illustrates, with simple models of international trade, how the introduction of communications networks and the utilization of time zone differences can affect both the structure of international trade and world welfare. Other technological aspects of recent international trade (e.g., competition between international standards, the impact of switching costs on imported products' introduction) are also examined.
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