International Trade Dynamics with Intermediate Inputs

Ananth Ramanarayanan ()

No 722, 2007 Meeting Papers from Society for Economic Dynamics

Abstract: increase in the relative number of importers in the economy. Following elimination of a 10% tariff, the calibrated model predicts a long-run doubling of the ratio of trade to GDP, with half of the increase occurring over the first ten years.

Date: 2007
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Journal Article: Imported inputs, irreversibility, and international trade dynamics (2017)
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