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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23458 |
来源ID | Working Paper 23458 |
Short Run Gravity | |
James E. Anderson; Yoto V. Yotov | |
发表日期 | 2017-05-29 |
出版年 | 2017 |
语种 | 英语 |
摘要 | Short run gravity is a geometric weighted average of long run gravity and bilateral capacity. The model features (i) joint trade costs endogenous to bilateral volumes, (ii) long run gravity as a limiting case of efficient investment in bilateral capacities, (iii) a structural ratio of short run to long run trade elasticities equal to a micro-founded buyers' incidence elasticity, and (iv) tractable short and long run models of the extensive margin. Application to manufacturing trade of 52 countries during the globalization period 1988-2006 strongly supports the model. Results solve several time invariance and trade elasticity puzzles in the literature. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w23458 |
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/581131 |
推荐引用方式 GB/T 7714 | James E. Anderson,Yoto V. Yotov. Short Run Gravity. 2017. |
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 | ||
w23458.pdf(614KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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