Trade Elasticities
Jean Imbs
(1, 2)
,
Isabelle Méjean
(3)
Isabelle Méjean
- Fonction : Auteur
- PersonId : 1119003
- IdHAL : mejean-isabelle
- ORCID : 0000-0001-6501-2633
- IdRef : 080248373
Résumé
Conventional aggregate trade elasticity estimates hardly vary across countries. We introduce an aggregate elasticity that is implied by theory: It is the value that equates the welfare gains from trade as implied by one- and multi-sector versions of the model in Arkolakis et al. (American Economic Review, 102 (2012):94–130). These estimates are predicated on sector-level values for trade elasticites, which we provide at three-digit levels for 28 developed and developing countries. The values for this aggregate elasticity vary greatly across countries, and they do so because of countries' patterns of production and because a given sector-level elasticity displays considerable cross-country heterogeneity.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Trade Elasticities
|
Résumé |
en
Conventional aggregate trade elasticity estimates hardly vary across countries. We introduce an aggregate elasticity that is implied by theory: It is the value that equates the welfare gains from trade as implied by one- and multi-sector versions of the model in Arkolakis et al. (American Economic Review, 102 (2012):94–130). These estimates are predicated on sector-level values for trade elasticites, which we provide at three-digit levels for 28 developed and developing countries. The values for this aggregate elasticity vary greatly across countries, and they do so because of countries' patterns of production and because a given sector-level elasticity displays considerable cross-country heterogeneity.
|
Auteur(s) |
Jean Imbs
1, 2
, Isabelle Méjean
3
1
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
2
PJSE -
Paris Jourdan Sciences Economiques
( 1171428 )
- 48 boulevard Jourdan 75014 Paris
- France
3
X-DEP-ECO -
Département d'Économie de l'École Polytechnique
( 444480 )
- École Polytechnique, 91128 Palaiseau Cedex
- France
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2017-05
|
Volume |
25
|
Numéro |
2
|
Page/Identifiant |
383 - 402
|
Domaine(s) |
|
DOI | 10.1111/roie.12270 |
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