Asymmetric Trading Costs and Ancient Greek Cities

61 Pages Posted: 27 May 2022

See all articles by Yuxian Chen

Yuxian Chen

Brown University, Department of Economics

Yannis M. Ioannides

Tufts University

Ferdinand Rauch

University of Oxford

Multiple version iconThere are 2 versions of this paper

Date Written: April 2022

Abstract

Asymmetric transport costs arise when shipping times from point i to point j differ from shipping from point j to i. We show that such asymmetric transport costs predict distinct patterns of location in a class of models using Dixit-Stiglitz preferences. We then study factors affecting the location of cities in ancient Hellas. Prevailing winds create an environment of asymmetric trade costs in ancient Greece. We show that predictions of these models are consistent with the location of ancient cities.

Suggested Citation

Chen, Yuxian and Ioannides, Yannis M. and Rauch, Ferdinand, Asymmetric Trading Costs and Ancient Greek Cities (April 2022). CEPR Discussion Paper No. DP17204, Available at SSRN: https://ssrn.com/abstract=4121379

Yuxian Chen (Contact Author)

Brown University, Department of Economics ( email )

Providence, RI
United States
02912 (Fax)

Yannis M. Ioannides

Tufts University ( email )

177 College Avenue
Medford, MA 02155
United States
6176273294 (Phone)
6176273917 (Fax)

HOME PAGE: http://https://sites.tufts.edu/yioannides/

Ferdinand Rauch

University of Oxford ( email )

Mansfield Road
Oxford, Oxfordshire OX1 4AU
United Kingdom

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