Bilateral multifactor CES general equilibrium with state-replicating Armington elasticities
Bilateral multifactor CES general equilibrium with state-replicating Armington elasticities
复制标题
具有状态复制阿明顿弹性的双边多因素 CES 一般均衡
DOI：
10.1007/s41685-017-0068-7
复制
发表时间：
2018
影响因子：
1.4
通讯作者：
Nishimura Kazuhiko
中科院分区：
文献类型：
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作者：
Kim Jiyoung;Nakano Satoshi;Nishimura Kazuhiko
我们通过两点校准来衡量国外和国内商品之间的替代弹性，这样阿明顿聚合器就可以复制市场份额和价格这两个时间上遥远的观察结果。除了我们利用一组分类关联的投入产出观察通过回归估计的部门多因素CES弹性之外，我们将日本和韩国这两个国家的国内生产与双边贸易模型结合起来，构建了一个双边一般均衡模型。最后，我们对两国之间的关税取消计划进行了评估。
We measure elasticity of substitution between foreign and domestic commodities by two-point calibration, such that the Armington aggregator can replicate the two temporally distant observations of market shares and prices. Along with the sectoral multifactor CES elasticities which we estimate by regression using a set of disaggregated linked input–output observations, we integrate domestic production of two countries, namely, Japan and the Republic of Korea, with bilateral trade models and construct a bilateral general equilibrium model. Finally, we make an assessment of a tariff elimination scheme between the two countries.