Empirical analysis of ICT in international trade of cut flowers: A gravity approach

Abstract

Motivation: • What impact does ICT have on the volume of international trade in cut flowers? • What impact do have specific ICT elements have on the volume of international trade in cut flowers? ... Results from a World Bank study: • communication cost influences international trade significantly • the impact is larger with differentiated goods than with homogeneous goods • A reduction by half of the costs of a telephone call • from the importing country to the exporting country • increases bilateral trade by 43%