Quantifying economic impacts of trade agreements with heterogeneous trade elasticities
AbstractBilateral trade relationships between countries vary across products. Such heterogeneity poses challenges when assessing the economic impacts of trade agreements. This paper estimates bilateral trade elasticities at the product level and explores these impacts using a hypothetical no‐deal Brexit as an example.
Kee, Hiau Looi, Nicita, Alessandro
openaire +2 more sources
The demand for beer in Czech Republic: inderstanding longrun on- and off-trade price elasticities
We provided estimates of price, cross-price, and income elasticities for on- and off-trade beer consumption using econometric models on time series data from 1994 to 2014.
Stanislava Grosová +3 more
doaj +1 more source
Estimating the Price and Income Elasticities of Mutual Trade Among Iran and ECO, By Using Panel Data [PDF]
In this paper, the panel data econometric model has been used for estimating the price, income and Iran's import (from ECO and ECO imports from Iran) elasticities during the 1998-2002 period.
Mir Abdollah Hosseini +1 more
doaj
Market Allocation Rules for Nonprice Promotion with Farm Programs: U.S. Cotton
Rules are derived to indicate the optimal allocation of a fixed promotion budget between domestic and export markets when the commodity in question represents a significant portion of world trade and is protected in the domestic market by a deficiency ...
Lily Ding, Henry W. Kinnucan
doaj +1 more source
Econometric estimation of Armington elasticities for selected agricultural products in South Africa
Price transmission behaviour is used to model the impacts of different trade regimes; if this behaviour is not modelled correctly, the trade impacts can be either under- or overestimated.
Abiodun Ogundeji +2 more
doaj +1 more source
Markups in a two-country monopolistic competition model of trade with heterogeneous consumers
The paper develops a two-country monopolistic competition model of trade featuring country-specific consumer tastes. The accounting for heterogeneity in tastes is achieved by assuming different elasticities of substitution in the CES utility function for
Alexander Osharin +4 more
doaj +1 more source
The inflation-unemployment trade-off: empirical considerations and a simple US-Euro Area comparison
This paper uses recently developed robust estimation methods to empirically reassess the long-standing inflation-unemployment trade-off debate. Indeed, we study to what extent unemployment-based New Keynesian Phillips Curves are informative about the ...
Vasco J. Gabriel +3 more
doaj +1 more source
International trade and labor–demand elasticities [PDF]
Abstract In this paper I try to determine whether international trade has been increasing the own-price elasticity of demand for U.S. labor in recent decades. The empirical work yields three main results. First, from 1961 through 1991 demand for U.S. production labor became more elastic in manufacturing overall and in five of eight industries within ...
openaire +1 more source
A Workflow to Accelerate Microstructure‐Sensitive Fatigue Life Predictions
This study introduces a workflow to accelerate predictions of microstructure‐sensitive fatigue life. Results from frameworks with varying levels of simplification are benchmarked against published reference results. The analysis reveals a trade‐off between accuracy and model complexity, offering researchers a practical guide for selecting the optimal ...
Luca Loiodice +2 more
wiley +1 more source
Evaluating Energy Absorption Performance of Filled Lattice Structures
Maximum stress must be considered to robustly evaluate energy absorber designs. This approach was applied to compare all types of absorbers in a single Ashby diagram and determine the utility of filling lattice voids with a second material. High‐performance fillers can improve the performance of lattices that are limited by buckling or catastrophic ...
Christian Bonney +2 more
wiley +1 more source

