| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26741 |
| 来源ID | Working Paper 26741 |
| Gains from Trade: Does Sectoral Heterogeneity Matter? | |
| Rahul Giri; Kei-Mu Yi; Hakan Yilmazkuday | |
| 发表日期 | 2020-02-10 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This paper assesses the quantitative importance of including sectoral heterogeneity in computing the gains from trade. Our framework draws from Caliendo and Parro (2015) and has sectoral heterogeneity along five dimensions, including the elasticity of trade to trade costs. We estimate the sectoral trade elasticity with the Simonovska and Waugh (2014) simulated method of moments estimator and micro price data. Our estimates range from 2.97 to 8.94. Our benchmark model is calibrated to 21 OECD countries and 20 sectors. We remove one or two sources of sectoral heterogeneity at a time, and compare the gains from trade to the benchmark model. We also compare an aggregate model with a single elasticity to the benchmark model. Our main result from these counterfactual exercises is that sectoral heterogeneity does not always lead to an increase in the gains from trade, which is consistent with the theory. |
| 主题 | International Economics ; Trade |
| URL | https://www.nber.org/papers/w26741 |
| 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/584415 |
| 推荐引用方式 GB/T 7714 | Rahul Giri,Kei-Mu Yi,Hakan Yilmazkuday. Gains from Trade: Does Sectoral Heterogeneity Matter?. 2020. |
| 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 | ||
| w26741.pdf（520KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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