Aggregating from Micro to Macro Patterns of Trade
Aggregating from Micro to Macro Patterns of Trade
复制标题
从微观到宏观贸易模式的汇总
DOI:
10.3386/w24051
复制
发表时间:
2017
期刊:
影响因子:
--
通讯作者:
David E. Weinstein
中科院分区:
文献类型:
--
作者:
S. Redding;David E. Weinstein
We develop a new framework for aggregating from micro to macro patterns of trade. We derive price indexes that determine comparative advantage across countries and sectors and the aggregate cost of living. If firms and products are imperfect substitutes, we show that these price indexes depend on variety, average demand/quality and the dispersion of demand/quality-adjusted prices, and are only weakly related to standard empirical measures of average prices, thereby providing insight for elasticity puzzles. Of the cross-section (time-series) variation in comparative advantage, 50 (90) percent is accounted for by variety and average demand/quality, with average prices contributing less than 10 percent.
DOI:
10.2139/ssrn.1015617
发表时间:
2006-09
期刊:
McDonough: Strategy [including Economics
影响因子:
--
作者:
A. Bernard;J. Jensen;S. Redding;Peter K. Schott
通讯作者:
A. Bernard;J. Jensen;S. Redding;Peter K. Schott