G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w22069
来源IDWorking Paper 22069
Gains from Trade with Flexible Extensive Margin Adjustment
Chang-Tai Hsieh; Nicholas Li; Ralph Ossa; Mu-Jeung Yang
发表日期2016-03-21
出版年2016
语种英语
摘要We propose a new sufficient statistic to measure the gains from trade in models where the extensive margin trade elasticity is not necessarily constant. This statistic is a function of one data moment, the market share of continuing domestic products, and one parameter, the elasticity of substitution between products. It measures the gains from trade in a Ricardian model with any productivity distribution or a Melitz model with any productivity distribution and any pattern of selection into production and exporting. We apply our statistic to measure Canada's gains from the Canada-US Free Trade Agreement and find that they are smaller than suggested by statistics that assume a constant extensive margin response of trade.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w22069
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/579760
推荐引用方式
GB/T 7714
Chang-Tai Hsieh,Nicholas Li,Ralph Ossa,et al. Gains from Trade with Flexible Extensive Margin Adjustment. 2016.
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