| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10787 |
| DP10787 Estimating the Extensive Margin of Trade | |
| J.M.C Santos Silva; Silvana Tenreyro | |
| 发表日期 | 2015-08-23 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Understanding and quantifying the determinants of the number of sectors or firms exporting in a given country is of relevance for the assessment of trade policies. Estimation of models for the number of sectors, however, poses a challenge because the dependent variable has both a lower and an upper bound, implying that the partial effects of the explanatory variables on the conditional mean of the dependent variable cannot be constant and must approach zero as the conditional mean approaches its bounds. We argue that ignoring these bounds can lead to erroneous conclusions due to the model's mispecification, and propose a flexible specification that accounts for the doubly-bounded nature of the dependent variable. We empirically investigate the problem and the proposed solution, finding significant differences between estimates obtained with the proposed estimator and those obtained with standard approaches. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Bounded data Extensive margin of trade Number of sectors |
| URL | https://cepr.org/publications/dp10787 |
| 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/539618 |
| 推荐引用方式 GB/T 7714 | J.M.C Santos Silva,Silvana Tenreyro. DP10787 Estimating the Extensive Margin of Trade. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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