G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w26124
来源IDWorking Paper 26124
The Margins of Trade
Jonathan Eaton; Ana Cecília Fieler
发表日期2019-07-29
出版年2019
语种英语
摘要We introduce quality differentiation and an extensive margin of products into a standard quantitative, general equilibrium model of international trade. Both the quality and the quantity of a product play a role in its contribution both to consumption and to production. The framework allows bilateral trade to vary at the extensive and intensive margins and the intensive margin of trade to vary at the quantity and unit-value margins. We estimate the parameters of the model using bilateral data on trade flows and on unit values in trade. The model captures (i) the well-documented increasing relation between unit values and both importer and exporter per capita income and (ii) how the extensive margin rises with importer and exporter size. But, unlike other contributions to the literature confronting these margins in international trade, our framework delivers a standard gravity formulation for trade flows and standard measures of the gains from trade apply.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w26124
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/583796
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GB/T 7714
Jonathan Eaton,Ana Cecília Fieler. The Margins of Trade. 2019.
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