| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w21377 |
| 来源ID | Working Paper 21377 |
| Growth and Trade with Frictions: A Structural Estimation Framework | |
| James E. Anderson; Mario Larch; Yoto V. Yotov | |
| 发表日期 | 2015-07-20 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs. The model combines structural gravity with a capital accumulation specification of the transition between steady states. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and also delivers estimates of the key structural parameters in our model. Counterfactual experiments based on the estimated model give evidence for strong dynamic relationships between growth and trade, resulting in doubling of the static gains from trade liberalization. |
| 主题 | International Economics ; Trade ; International Macroeconomics ; Development and Growth ; Growth and Productivity |
| URL | https://www.nber.org/papers/w21377 |
| 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/579050 |
| 推荐引用方式 GB/T 7714 | James E. Anderson,Mario Larch,Yoto V. Yotov. Growth and Trade with Frictions: A Structural Estimation Framework. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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