全球智库信息集成服务系统(G2TT): Granular Comparative Advantage

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w24807
来源ID	Working Paper 24807
	Granular Comparative Advantage
	Cecile Gaubert; Oleg Itskhoki
发表日期	2018-07-16
出版年	2018
语种	英语
摘要	Large firms play a pivotal role in international trade, shaping the export patterns of countries. We propose and quantify a granular multi-sector model of trade, which combines fundamental comparative advantage across sectors with granular comparative advantage embodied in outstanding individual firms. We develop an SMM-based estimation procedure, which takes full account of the general equilibrium of the model, to jointly estimate these fundamental and granular forces using French micro-data with information on firm domestic and export sales across manufacturing industries. We find that granularity accounts for about 20% of the variation in realized export intensity across sectors, and is more pronounced in the most export-intensive sectors. In turn, idiosyncratic firm dynamics accounts for a large share of the evolution of a country's comparative advantage over time. Governments face strong incentives to target trade policy at large individual foreign exporters, and to use lenient antitrust regulation at home to substitute for beggar-thy-neighbor trade policy.
主题	Microeconomics ; Households and Firms ; Market Structure and Distribution ; International Economics ; Trade ; International Macroeconomics
URL	https://www.nber.org/papers/w24807
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/582481
推荐引用方式 GB/T 7714	Cecile Gaubert,Oleg Itskhoki. Granular Comparative Advantage. 2018.

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
w24807.pdf（1095KB）	智库出版物		限制开放	CC BY-NC-SA	浏览