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Cross-country technological differences as a determinant of vertical intra-industry trade: a theoretical model
Balboni, Alberto - Université Paris-Dauphine (Paris IX) - 2006
Vertical intra-industry trade accounts for a large share of trade between countries characterized by similar factor endowments. Moreover, it is observed even at a very disaggregated level of statistical classifications, suggesting that the traded products have similar factor intensities. This...
Persistent link: https://www.econbiz.de/10010861512
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A theoretical model of Vertical Intra-Industry Trade driven by technological differences across countries.
Balboni, Alberto - Université Paris-Dauphine
Vertical intra-industry trade (VIIT), i.e. trade in products that are differentiated by their quality, accounts for a very large share of total trade between similar countries. So far, the theoretical literature has identified one main determinant of this kind of trade, namely the difference in...
Persistent link: https://www.econbiz.de/10008551688
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A theoretical model of Vertical Intra-Industry Trade driven by technological differences across countries
Balboni, Alberto - Université Paris-Dauphine (Paris IX) - 2005
Vertical intra-industry trade (VIIT), i.e. trade in products that are differentiated by their quality, accounts for a very large share of total trade between similar countries. So far, the theoretical literature has identified one main determinant of this kind of trade, namely the difference in...
Persistent link: https://www.econbiz.de/10011072481
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The factor content of regional bilateral trade: the role of technology and demand
Artal-Tur, Andrés; Castillo-Giménez, Juana; … - Departament d'Estructura Econòmica, Facultad de Economía - 2010
The Heckscher-Ohlin-Vanek (HOV) model in its strict form has been strongly rejected by the data. Relaxing some assumptions of the standard HOV model is key to find improvements in its performance. We apply Davis and Weinstein (2001) methodology to analyse the validity of the HOV model using...
Persistent link: https://www.econbiz.de/10008763163
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Estimating the elasticity of trade: the trade share approach
Lanati, Mauro - Dipartimento di Economia e Management, Università … - 2013
Tenreyro (2006) both trade share and EK models are estimated using OLS and Poisson PML to test for the presence of …
Persistent link: https://www.econbiz.de/10010933000
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The sectoral pro-trade effects of ethnic networks within a Ricardian model of trade
Lanati, Mauro - Dipartimento di Economia e Management, Università … - 2014
This paper investigates the trade migration link within a Ricardian model` a la Eaton and Kortum (2002) and it quantifies the pro-trade effects of immigrants for 18 manufactur- ing sectors in a sample of 19 OECD countries. The results are robust across different econometric specifications and...
Persistent link: https://www.econbiz.de/10010933014
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Implied Comparative Advantage
Hausmann, Ricardo; Hidalgo, Cesar A.; Stock, Daniel P.; … - Kennedy School of Government, Harvard University - 2014
Ricardian theories of production often take the comparative advantage of locations in different industries to be uncorrelated. They are seen as the outcome of the realization of a random extreme value distribution. These theories do not take a stance regarding the counterfactual or implied...
Persistent link: https://www.econbiz.de/10010942816
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Rozważania nad aktualnością tradycyjnej teorii handlu międzynarodowego
Ewa Mińska‐Struzik - In: Gospodarka Narodowa (2014) 1, pp. 73-95
W ostatnich latach coraz śmielej formułuje się hipotezę głoszącą, że światowym handlem na powrót rządzi klasycznie interpretowana przewaga komparatywna, co umniejsza znaczenie osiągnięć nowych ujęć teoretycznych i zarazem przywraca aktualność tradycyjnej teorii handlu...
Persistent link: https://www.econbiz.de/10011010332
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Trade Models, Trade Elasticities, and the Gains from Trade
Simonovska, Ina; Waugh, Michael E. - National Bureau of Economic Research (NBER) - 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. Thus, given data on trade flows and micro-level prices, different models have …
Persistent link: https://www.econbiz.de/10010951002
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Icebergs versus tariffs: A quantitative perspective on the gains from trade
Felbermayr, Gabriel; Jung, Benjamin; Larch, Mario - Wirtschaftswissenschaftlichen Fakultät, … - 2013
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to …
Persistent link: https://www.econbiz.de/10010955007