| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13827 |
| DP13827 GVCs and Trade Elasticities with Multistage Production | |
| Robert Johnson; Andreas Moxnes | |
| 发表日期 | 2019-06-27 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We build a quantitative model of trade with multistage manufacturing value chains, which features iceberg trade costs and technology differences across both goods and production stages. We estimate technology and trade costs via the simulated method of moments, matching bilateral shipments of final goods and inputs. Applying the model, we investigate how comparative advantage and trade costs shape the structure of global value chains and trade flows. As the level of trade costs falls, we show that the elasticity of bilateral trade to trade costs increases, due to the endogenous reorganization of value chains (increased export platform production). Surprisingly, however, the elasticity of world trade to trade costs is not magnified by multistage production. |
| 主题 | International Trade and Regional Economics |
| URL | https://cepr.org/publications/dp13827 |
| 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/542702 |
| 推荐引用方式 GB/T 7714 | Robert Johnson,Andreas Moxnes. DP13827 GVCs and Trade Elasticities with Multistage Production. 2019. |
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