G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w7941
来源IDWorking Paper 7941
Increasing Returns and All That: A View From Trade
Werner Antweiler; Daniel Trefler
发表日期2000-10-01
出版年2000
语种英语
摘要Do scale economies contribute to our understanding of international trade? Do international trade flows encode information about the extent of scale economies? To answer these questions we examine the large class of general equilibrium theories that imply Helpman-Krugman variants of the Vanek factor content prediction. Using an ambitious database on output, trade flows, and factor endowments, we find that scale economies significantly increase our understanding of the sources of comparative advantage. Further, the Helpman-Krugman framework provides a remarkable lens for viewing the general equilibrium scale elasticities encoded in trade flows. In particular, we find that a third of all goods-producing industries are characterized by scale. (The modal range of scale elasticities for this group is 1.10-1.20 and the economy-wide scale elasticity is 1.05.) Implications are drawn for the trade-and-wages debate (skill-biased scale effects) and endogenous growth.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w7941
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/565527
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GB/T 7714
Werner Antweiler,Daniel Trefler. Increasing Returns and All That: A View From Trade. 2000.
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