Showing 1 - 10 of 853
Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental …, where exporter fixed effects are regressed on proxies for technology and wages. Within the same Ricardian model of trade …, the trade share provides an alternative source of identification for the elasticity of trade. Following Santos Silva and …
Persistent link: https://www.econbiz.de/10013084268
Multi-sector variants of standard gravity models typically predict much larger gains from trade than their one …-sector counterparts. This paper explores to what extent this result is due to the relevant cross-sector variation observed in trade …). Results suggest that, for benchmark values of the trade elasticity that applies to the one-sector specification, heterogeneous …
Persistent link: https://www.econbiz.de/10012835804
I propose a method of moments estimator of revealed comparative advantage based on a flexible specification of trade … flows that is consistent with a large class of gravity models of international trade. I show that this estimator has many … common to trade data …
Persistent link: https://www.econbiz.de/10012961971
This paper assesses the quantitative importance of including sectoral heterogeneity in computing the gains from trade … dimensions, including the elasticity of trade to trade costs, the value-added share, and the input-output structure. The key … parameter we estimate is the sectoral trade elasticity, and we use the Simonovska and Waugh (2014) simulated method of moments …
Persistent link: https://www.econbiz.de/10012852066
Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental …, where exporter fixed effects are regressed on proxies for technology and wages. Within the same Ricardian model of trade …, the trade share provides an alternative source of identication for the elasticity of trade. Following Santos Silva and …
Persistent link: https://www.econbiz.de/10009736241
What is the effect of nominal exchange rate variability on trade? I argue that the methods conventionally used to …
Persistent link: https://www.econbiz.de/10014067564
Intra-industry trade has a paramount value in the theory of international trade due to the reason that it establishes … comparative advantage. The current research is an endeavour to examine the determinants of intra-industry trade through Augmented … Gravity Equation (AGE) and the potential of intra-industry trade through revealed comparative advantage (determined by the …
Persistent link: https://www.econbiz.de/10013443792
This paper studies the evolution of trade freeness and of the agglomeration of production, as well as their … different bootstrap distributions. -- trade freeness ; agglomeration of production ; home market effect ; bootstrap … of previous aggregate analyses which find that an inverse relationship between trade costs and agglomeration holds in …
Persistent link: https://www.econbiz.de/10009682333
gender inequality with comparative advantage (trade) and foreign direct investment flows. It discusses different forms and …
Persistent link: https://www.econbiz.de/10010295378
Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to … quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel … between 1.6 and 2.4 depending upon weighting. This provides an important contribution to the trade literature of Ricardian …
Persistent link: https://www.econbiz.de/10011568775