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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 +2 more
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Gravity and Heterogeneous Trade Cost Elasticities [PDF]
The Economic Journal, 2021 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.
Natalie Chen, D. Novy
semanticscholar +4 more sources
Product-Level Trade Elasticities [PDF]
SSRN Electronic Journal, 2019 Trade elasticity is a crucial parameter in evaluating the welfare impacts of trade liberalization. We estimate trade elasticities at the product level (6-digit of the Harmonized System comprising more than 5,000 product categories) by exploiting the ...
L. Fontagné +2 more
semanticscholar +2 more sources
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
semanticscholar +4 more sources
Export Sophistication and Trade Elasticities [PDF]
Journal of Asian Economic Integration, 2019 Does a country’s export structure impact the way that exchange rates affect trade? Do more sophisticated products exhibit lower demand elasticities?
Willem Thorbecke, Nimesh Salike
semanticscholar +2 more sources
Global Value Chains and Trade Elasticities [PDF]
Economics Letters, 2014 Previous studies have argued that global value chains (GVCs) have increased the sensitivity of trade to foreign income shocks. This may occur either because GVC trade is concentrated in durable goods industries, which are known to have high income elasticities (a composition effect), or because, within industries, GVC trade has a higher income ...
Byron Gangnes +2 more
semanticscholar +4 more sources
Relative responses of trade in goods and services to currency devaluation: Evidence from Ethiopia [PDF]
HeliyonLack 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
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Trade Across Countries and Manufacturing Sectors with Heterogeneous Trade Elasticities [PDF]
SSRN Electronic Journal, 2013 Multi-sector versions of the international trade model of Eaton and Kortum (2002) usually restrict trade elasticities to be identical across sectors, with potentially distorting effects on the estimates of the model parameters. This paper allows for heterogeneous sectoral trade elasticities and quantifies them by estimating an equation for bilateral ...
Stefano Bolatto
semanticscholar +2 more sources
Trade Models, Trade Elasticities, and the Gains from Trade
, 2014 We argue that the welfare gains from trade in new models with micro-level margins exceed those in frameworks without these margins. Theoretically, we show that for fixed trade elasticity, different models predict identical trade flows, but different patterns of micro-level price variation.
Ina Simonovska, Michael E. Waugh
semanticscholar +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