全球智库信息集成服务系统(G2TT): DP7394 Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP7394
	DP7394 Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action
	Carlo Carraro; Valentina Bosetti; Massimo Tavoni
发表日期	2009-08-02
出版年	2009
语种	英语
摘要	We develop a new general equilibrium model of monopolistic competition with heterogeneous firms, variable demand elasticity and multiple asymmetric regions, in which trade integration induces wage and productivity changes. Using Canada-US interregional trade data, we structurally estimate a theory-based gravity equation system featuring endogenous wages and productivity. Given the estimated parameter values, we first decompose ?border effects? into a ?pure? border effect, relative and absolute wage effects, and a selection effect. We then quantify the impacts of removing the trade distortions generated by the Canada-US border on regional market aggregates such as wages, productivity, markups, the mass of varieties produced and consumed, as well as welfare. Last, we extend the counterfactual analysis to the firm level by generating productivity distributions and their changes via simulation.
主题	International Trade and Regional Economics
关键词	Endogenous markups Counterfactual analysis Firm heterogeneity General equilibrium Gravity equation system Monopolistic competition
URL	https://cepr.org/publications/dp7394
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/536231
推荐引用方式 GB/T 7714	Carlo Carraro,Valentina Bosetti,Massimo Tavoni. DP7394 Climate Change Mitigation Strategies in Fast-Growing Countries: The Benefits of Early Action. 2009.