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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w8515 |
来源ID | Working Paper 8515 |
Borders, Trade and Welfare | |
James E. Anderson; Eric van Wincoop | |
发表日期 | 2001-10-01 |
出版年 | 2001 |
语种 | 英语 |
摘要 | International economic integration yields large potential welfare effects, even in a static constant returns competitive world economy. Our method is novel. The effect of border barriers on trade flows is often inferred from gravity models. But their rather atheoretic structure precludes welfare analysis. Computable general equilibrium models are designed for tight welfare analysis, but lack econometric foundation. Our method combines these approaches. Gravity models based on Anderson's (1979) interpretation are full general equilibrium models of a special simple sort. In Anderson and van Wincoop (NBER WP 8079, 2001) we develop and estimate this structure, then calculate the comparative static effects on trade flows of border barriers. In this paper we further deploy the model to explore the comparative statics of welfare with respect to borders, to currency unions and to NAFTA. Our NAFTA exercise does a much better job of replicating the actual trade flow changes than do computable general equilibrium models. An interesting implication is that terms of trade changes are very important, even for small' countries such as Mexico. |
主题 | International Economics |
URL | https://www.nber.org/papers/w8515 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566119 |
推荐引用方式 GB/T 7714 | James E. Anderson,Eric van Wincoop. Borders, Trade and Welfare. 2001. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w8515.pdf(139KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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