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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w20495 |
来源ID | Working Paper 20495 |
Trade Models, Trade Elasticities, and the Gains from Trade | |
Ina Simonovska; Michael E. Waugh | |
发表日期 | 2014-09-18 |
出版年 | 2014 |
语种 | 英语 |
摘要 | We argue that the welfare gains from trade in new models with micro-level margins exceed those in frameworks without these margins. Theoretically, we show that for fixed trade elasticity, different models predict identical trade flows, but different patterns of micro-level price variation. Thus, given data on trade flows and micro-level prices, different models have different implied trade elasticities and welfare gains. Empirically, models with extensive or variable mark-up margins yield significantly larger welfare gains. The results are robust to incorporating into the estimation moment conditions that use trade-flow and tariff data, which imply a common trade elasticity across models. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w20495 |
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/578168 |
推荐引用方式 GB/T 7714 | Ina Simonovska,Michael E. Waugh. Trade Models, Trade Elasticities, and the Gains from Trade. 2014. |
条目包含的文件 | 条目无相关文件。 |
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