five

Trade Models, Trade Elasticities, and the Gains from Trade

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NBER2014-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20495
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We consider five models of international trade that belong to the class of models in which the trade elasticity and domestic trade share are sufficient statistics for the welfare cost of autarky. Three are fixed-variety models featuring increasing micro-level margins of adjustment: versions of the
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2014-09-01
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