G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w21504
来源IDWorking Paper 21504
The Gains from Input Trade in Firm-Based Models of Importing
Joaquin Blaum; Claire LeLarge; Michael Peters
发表日期2015-08-31
出版年2015
语种英语
摘要Trade in intermediate inputs allows firms to lower their costs of production by using better, cheaper, or novel inputs from abroad. Quantifying the aggregate impact of input trade, however, is challenging. As importing firms differ markedly in how much they buy in foreign markets, results based on aggregate models do not apply. We develop a methodology to quantify the gains from input trade for a class of firm-based models of importing. We derive a sufficiency result: the change in consumer prices induced by input trade is fully determined from the joint distribution of value added and domestic expenditure shares in material spending across firms. We provide a simple formula that can be readily evaluated given the micro-data. In an application to French data, we find that consumer prices of manufacturing products would be 27% higher in the absence of input trade.
主题Microeconomics ; Households and Firms ; International Economics ; Trade ; Globalization and International Relations
URLhttps://www.nber.org/papers/w21504
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/579179
推荐引用方式
GB/T 7714
Joaquin Blaum,Claire LeLarge,Michael Peters. The Gains from Input Trade in Firm-Based Models of Importing. 2015.
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