Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w16796 |
来源ID | Working Paper 16796 |
The Elasticity of Trade: Estimates and Evidence | |
Ina Simonovska; Michael E. Waugh | |
发表日期 | 2011-02-18 |
出版年 | 2011 |
语种 | 英语 |
摘要 | Quantitative results from a large class of structural gravity models of international trade depend critically on the elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data and we use it within Eaton and Kortum's (2002) Ricardian model. We apply our estimator to disaggregate price and trade-flow data for 123 countries in the year 2004. Our method yields a trade elasticity of roughly four, nearly fifty percent lower than Eaton and Kortum's (2002) approach. This difference doubles the welfare gains from international trade. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w16796 |
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/574471 |
推荐引用方式 GB/T 7714 | Ina Simonovska,Michael E. Waugh. The Elasticity of Trade: Estimates and Evidence. 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 | ||
w16796.pdf(415KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。