| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13035 |
| 来源ID | Working Paper 13035 |
| Unbalanced Trade | |
| Robert Dekle; Jonathan Eaton; Samuel Kortum | |
| 发表日期 | 2007-04-13 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | We incorporate trade imbalances into a quantitative model of bilateral trade in manufactures, dividing the world into forty countries. Fitting the model to 2004 data on GDP and bilateral trade we calculate how relative wages, real wages, and welfare would differ in a counterfactual world with all current accounts balancing. Our results indicate that closing the current accounts requires modest changes in relative wages. The country with the largest deficit (the United States) needs its wage to fall by around 10 percent relative to the country with the largest surplus (Japan). But the prevalence of nontraded goods means that the real wage in Japan barely rises while the U.S. real wage falls by less than 1 percent. The geographic barriers implied by the current pattern of trade are sufficiently asymmetric that large bilateral deficits remain even after current accounts balance. The U.S. manufacturing trade deficit with China falls to $65 billion from its 2004 level of $167 billion. |
| 主题 | International Economics ; Trade ; International Finance ; International Macroeconomics |
| URL | https://www.nber.org/papers/w13035 |
| 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/570703 |
| 推荐引用方式 GB/T 7714 | Robert Dekle,Jonathan Eaton,Samuel Kortum. Unbalanced Trade. 2007. |
| 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 | ||
| w13035.pdf（219KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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