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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21504 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w21504 |
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/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. |
条目包含的文件 | 条目无相关文件。 |
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