Triplets, quads and quints: Estimating disaggregate trade elasticities with different odds ratios

Bohlmann Adrienne Margarete ()
Additional contact information
Bohlmann Adrienne Margarete: Lehrstuhl für Volkswirtschaftslehre, insb. Makroökonomie, 26553 FernUniversität in Hagen, Universitätsstr. 11, 58097 Hagen, Germany

German Economic Review, 2021, vol. 22, issue 3, 359-381

Abstract: Trade elasticities are a crucial variable for research on international trade. Caliendo and Parro (2015) provide a novel method to estimate trade elasticities which is based on odds ratio triplets calculated from structural gravity equations. We find that these odds ratios can be set up not only as triplets, but also e. g. as quadruplets (quads) and quintuples (quints). We estimate trade elasticities from triplets, quads and quints for the two digit level of ISIC Rev.3. The corresponding estimates show certain differences, but the results are generally robust. Because the different odds ratios are all theoretically validated, we suggest using them for checking robustness. Benefits could also arise because larger odds ratios might be able to provide more reliable estimates.

Keywords: trade elasticity; gravity; odds ratio; robustness (search for similar items in EconPapers)
JEL-codes: F1 F13 F14 F4 F41 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/ger-2019-0128 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:germec:v:22:y:2021:i:3:p:359-381:n:5

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/ger/html

DOI: 10.1515/ger-2019-0128

Access Statistics for this article

German Economic Review is currently edited by Peter Egger, Almut Balleer, Jesus Crespo-Cuaresma, Mario Larch, Aderonke Osikominu and Georg Wamser

More articles in German Economic Review from De Gruyter
Bibliographic data for series maintained by Peter Golla ().