Trade Elasticities in Aggregate Models : Estimates for 191 Countries (anglais)

Armington’s insight that imports and domestically produced goods were imperfect substitutes has unleashed extensive estimates of the associated trade elasticity, primarily for developed countries. This notion of product differentiation, which extends symmetrically to exports and domestic goods, has underpinned trade-focused, computable general equilibrium models of developing countries, including the aggregate, compact version, the 1–2–3 model. Noting...

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INFORMATION

Auteur

Devarajan,Shantayanan;

Go,Delfin Sia;

Robinson,Sherman;
Date du document
2023/06/20
Type de document
Document de travail de recherche sur les politiques
Numéro du rapport
WPS10490
Volume
1
Pays
Monde,
Région
Autres,
Date de publication
2023/06/20
Disclosure Status
Disclosed
Titre du rapport
Trade Elasticities in Aggregate Models : Estimates for 191 Countries