G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w20495
来源IDWorking 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
URLhttps://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.
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