Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11721 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。