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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22706 |
来源ID | Working Paper 22706 |
Quantitative Trade Models: Developments and Challenges | |
Timothy J. Kehoe; Pau S. Pujolas; Jack Rossbach | |
发表日期 | 2016-10-03 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Applied general equilibrium (AGE) models, which feature multiple countries, multiple industries, and input-output linkages across industries, have been the dominant tool for evaluating the impact of trade reforms since the 1980s. We review how these models are used to perform policy analysis and document their shortcomings in predicting the industry-level effects of past trade reforms. We argue that, to improve their performance, AGE models need to incorporate product-level data on bilateral trade relations by industry and better model how trade reforms lower bilateral trade costs. We use the least traded products methodology of Kehoe et al. (2015) to provide guidance on how improvements can be made. We provide further suggestions on how AGE models can incorporate recent advances in quantitative trade theory to improve their predictive ability and better quantify the gains from trade liberalization. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w22706 |
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/580379 |
推荐引用方式 GB/T 7714 | Timothy J. Kehoe,Pau S. Pujolas,Jack Rossbach. Quantitative Trade Models: Developments and Challenges. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22706.pdf(385KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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