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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17712 |
来源ID | Working Paper 17712 |
Estimating Trade Elasticities: Demand Composition and the Trade Collapse of 2008-09 | |
Matthieu Bussière; Giovanni Callegari; Fabio Ghironi; Giulia Sestieri; Norihiko Yamano | |
发表日期 | 2011-12-29 |
出版年 | 2011 |
语种 | 英语 |
摘要 | This paper introduces a new methodology for the estimation of demand trade elasticities based on an import intensity-adjusted measure of aggregate demand, with the foundation of a stylized theoretical model. We compute the import intensity of demand components by using the OECD Input-Output tables. We argue that the composition of demand plays a key role in trade dynamics because of the large movements in the most import-intensive categories of expenditure (especially investment, but also exports). We provide evidence in favor of these mechanisms for a panel of 18 OECD countries, paying particular attention to the 2008-09 Great Trade Collapse. |
主题 | International Economics ; Trade ; International Macroeconomics |
URL | https://www.nber.org/papers/w17712 |
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/575387 |
推荐引用方式 GB/T 7714 | Matthieu Bussière,Giovanni Callegari,Fabio Ghironi,et al. Estimating Trade Elasticities: Demand Composition and the Trade Collapse of 2008-09. 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 | ||
w17712.pdf(602KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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