| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16672 |
| 来源ID | Working Paper 16672 |
| Gravity Chains: Estimating Bilateral Trade Flows When Parts And Components Trade Is Important | |
| Richard Baldwin; Daria Taglioni | |
| 发表日期 | 2011-01-06 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | Trade is measured on a gross sales basis while GDP is measured on a net sales basis, i.e. value added. The rapid internationalisation of production in the last two decades has meant that gross trade flows are increasingly unrepresentative of the value added flows. This fact has important implications for the estimation of the gravity equation. We present empirical evidence that the standard gravity equation performs poorly by some measures when it is applied to bilateral flows where parts and components trade is important. We also provide a simple theoretical foundation for a modified gravity equation that is suited to explaining trade where international supply chains are important. |
| 主题 | International Economics ; Trade |
| URL | https://www.nber.org/papers/w16672 |
| 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/574347 |
| 推荐引用方式 GB/T 7714 | Richard Baldwin,Daria Taglioni. Gravity Chains: Estimating Bilateral Trade Flows When Parts And Components Trade Is Important. 2011. |
| 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 | ||
| w16672.pdf（332KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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