International Trade Dynamics with Intermediate Inputs
Ananth Ramanarayanan ()
No 722, 2007 Meeting Papers from Society for Economic Dynamics
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.
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Journal Article: Imported inputs, irreversibility, and international trade dynamics (2017)
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