G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11721
DP11721 The Gains from Input Trade with Heterogeneous Importers
Claire Lelarge; Joaquin Blaum; Michael Peters
发表日期2016-12-23
出版年2016
语种英语
摘要Trade in intermediate inputs allows firms to reduce their costs of production and thus benefits consumers through lower prices of domestically produced goods. The extent to which firms participate in foreign input markets, however, varies substantially. We develop a methodology to measure how consumer prices are affected by input trade in environments that allow for such heterogeneity in import behavior. We provide a theoretical result that holds in a variety of settings: the firm-level data on value added and domestic expenditure shares in material spending are sufficient to compute changes in consumer prices. Approaches that abstract from firm level heterogeneity and rely on aggregate statistics give biased results. In an application to French data, we find that prices of manufacturing products would be 27% higher in the absence of input trade.
主题International Trade and Regional Economics
关键词Productivity Imports Gains from trade Sufficient statistic approach
URLhttps://cepr.org/publications/dp11721
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/540535
推荐引用方式
GB/T 7714
Claire Lelarge,Joaquin Blaum,Michael Peters. DP11721 The Gains from Input Trade with Heterogeneous Importers. 2016.
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