Minondo, Asier; Silvente, Francisco Requena - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2010
This paper investigates the welfare gains due to Spanish imports of new varieties over the period 1988-2006 using the methodology proposed by Feenstra (1994) and Broda and Weinstein (2006). After calculating the elasticities of substitution of a large number of Spanish imported products, we...