Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/58402 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorSimonovska, Inaen
dc.contributor.authorWaugh, Michaelen
dc.date.accessioned2012-06-07-
dc.date.accessioned2012-06-12T13:34:10Z-
dc.date.available2012-06-12T13:34:10Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/58402-
dc.description.abstractQuantitative results from a large class of structural gravity models of international trade depend critically on the elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this elasticity from disaggregate price and trade-flow data and we use it within Eaton and Kortum's (2002) Ricardian model. We apply our estimator to new disaggregate price and trade-flow data for 123 countries in the year 2004. Our method yields a trade elasticity of roughly four, nearly fifty percent lower than Eaton and Kortum's (2002) approach. Moreover, robustness exercises result in trade elasticity estimates that are both lower and fall within a narrower range relative to the existing literature. This difference doubles the welfare gains from international trade.en
dc.language.isoengen
dc.publisher|aUniversity of California, Department of Economics |cDavis, CAen
dc.relation.ispartofseries|aWorking Paper |x11-2en
dc.subject.jelF10en
dc.subject.jelF11en
dc.subject.jelF14en
dc.subject.jelF17en
dc.subject.ddc330en
dc.subject.keywordelasticity of tradeen
dc.subject.keywordbilateralen
dc.subject.keywordgravityen
dc.subject.keywordprice dispersionen
dc.subject.keywordindirect inferenceen
dc.titleThe elasticity of trade: Estimates and evidence-
dc.typeWorking Paperen
dc.identifier.ppn71727988Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
547.11 kB





Publikationen in EconStor sind urheberrechtlich geschützt.