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A new dataset on product-level trade elasticities [PDF]

Data in Brief, 2022
This data article describes a new dataset on product-level trade elasticity, here defined as the degree of substitutability between varieties, i.e. between products exported by different countries into a given destination.
Lionel Fontagné, Houssein Guimbard, Gianluca Orefice   +2 more
doaj   +2 more sources

Trade Elasticities [PDF]

Review of International Economics, 2016
AbstractConventional 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
Imbs, Jean, Méjean, Isabelle
openaire   +4 more sources

Relative responses of trade in goods and services to currency devaluation: Evidence from Ethiopia [PDF]

Heliyon
Lack of hard currency is one of the key growth barriers in emerging countries, as imports vastly outstrip exports. In response, governments in these countries usually undertake a variety of policy packages, including the devaluation of the domestic ...
Amsalu Dachito Chigeto
doaj   +2 more sources

FURTHER EVIDENCE ON THE VALIDITY OF THIRLWALL’S LAW [PDF]

Zeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej, 2017
A simple equation is considered whose empirical analysis could confirm – or reject – the validity of Thirlwall’s Law. Autoregressive Distributed Lags (Bounds) approach is used to establish the empirical adequacy of the Law.
Leon Podkaminer
doaj   +15 more sources

The Relationship between Product Complexity and Exchange Rate Elasticities: Evidence from the People’s Republic of China’s Manufacturing Industries

Asian Development Review, 2021
More complex products are less substitutable in international trade and may therefore have lower price elasticities. We investigate this issue using 960 types of manufactured exports from the People’s Republic of China (PRC) to 190 partner economies ...
WILLEM THORBECKE, CHEN CHEN, NIMESH SALIKE   +2 more
doaj   +1 more source

Gravity and Heterogeneous Trade Cost Elasticities [PDF]

The Economic Journal, 2021
Abstract How do trade costs affect international trade? This paper offers a new approach. We rely on a flexible gravity equation that predicts variable trade cost elasticities, both across and within country pairs. We apply this framework to popular trade cost variables such as currency unions, trade agreements and World Trade ...
Chen, Natalie, Novy, Dennis
openaire   +3 more sources

Estimating the substitution elasticities of import of factory industries using micro data and comparing long-term and short-term elasticities. [PDF]

پژوهش‌های برنامه و توسعه, 2021
Estimating the substitution elasticity of imported products is a key parameter for analyzing trade policies, especially trade integration issues. In general, this elasticity represents the intensity of the impact of import demand on domestic demand from ...
Mehdi Yazdani, Mina Sadeghi
doaj   +1 more source

China's Changing Trade Elasticities [PDF]

China & World Economy, 2007
AbstractChina's sectoral trade composition, product quality mix, and the import content of processing exports have all changed substantially during the past decade. This has rendered trade elasticities estimated using aggregate data highly unstable, with more recent data pointing to significantly higher demand and price elasticities.
Jahangir Aziz, Xiangming Li
openaire   +3 more sources

Trade Collapses and Trade Slowdowns: Evidence from Some Central and Eastern European Countries [PDF]

Managing Global Transitions, 2018
World trade suddenly plummeted in the last quarter of 2008 after the bankruptcy of Lehman brothers and the subsequent meltdown in financial markets. Even if the following recovery was impressive, trade growth is now noticeably below trend. The anaemic
Marco Giansoldati, Tullio Gregori
doaj   +1 more source

International trade and economic growth in Africa: The role of the digital economy

Cogent Economics & Finance, 2021
This paper examines the role the digital economy plays in international trade impacts on Africa’s economic growth based on 53 countries’ sample from 2000–2018.
Simon Abendin, Pingfang Duan
doaj   +1 more source