External Imbalances and the Extensive Margin of Trade

Vahagn Galstyan and Philip R. Lane
Authors registered in the RePEc Author Service: Philip Lane () and Vahagn Galstyan

The Institute for International Integration Studies Discussion Paper Series from IIIS

Abstract: We quantify the role of the extensive margin in the recent trade dynamics of selected countries that are running large and persistent trade imbalances. We find that the role of the extensive margin is quite substantial, although it varies in significance across the countries in the sample. Finally, we highlight differences in behaviour between the fixed-varieties and varieties-adjusted terms of trade.

Date: 2008-10-08
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Journal Article: External Imbalances and the Extensive Margin of Trade (2008)
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