Trade Elasticities

Jean Imbs and Isabelle Mejean

PSE-Ecole d'économie de Paris (Postprint) from HAL

Abstract: Conventional aggregate trade elasticity estimates hardly vary across countries. We introduce an aggregate elasticity that is implied by theory: It is the value that equates the welfare gains from trade as implied by one- and multi-sector versions of the model in Arkolakis et al. (American Economic Review, 102 (2012):94–130). These estimates are predicated on sector-level values for trade elasticites, which we provide at three-digit levels for 28 developed and developing countries. The values for this aggregate elasticity vary greatly across countries, and they do so because of countries' patterns of production and because a given sector-level elasticity displays considerable cross-country heterogeneity.

Date: 2017-05
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Published in Review of International Economics, 2017, 25 (2), pp.383 - 402. ⟨10.1111/roie.12270⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Trade Elasticities (2017)
Working Paper: Trade Elasticities (2017)
Journal Article: Trade elasticities (2010)
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:hal:pseptp:halshs-01626805

DOI: 10.1111/roie.12270

Access Statistics for this paper

More papers in PSE-Ecole d'économie de Paris (Postprint) from HAL
Bibliographic data for series maintained by Caroline Bauer ().