at Google ScholarTitle data
Anderson, James E. ; Larch, Mario ; Yotov, Yoto V.:
Transitional Growth and Trade with Frictions : A Structural Estimation Framework.
In: The Economic Journal.
Vol. 130
(2020)
Issue 630
.
- pp. 1583-1607.
ISSN 1468-0297
DOI: https://doi.org/10.1093/ej/ueaa020
Abstract in another language
We build and estimate a structural model of transitional growth and trade in a many-country world. The gravity model of trade is combined with a capital accumulation mechanism driving transition between steady states. Trade affects growth through changes in consumer and producer prices. Simultaneously, capital accumulation affects trade directly through changes in country size and indirectly through changes in the incidence of trade costs. Theory maps to an econometric system that identifies the parameters of the model and establishes causal links between trade, capital accumulation and income. Counterfactual trade liberalisation magnifies static gains by a dynamic path multiplier of 1.8.
Further data
| Item Type: | Article in a journal |
|---|---|
| Refereed: | Yes |
| Keywords: | Trade; Growth; Income; Trade Liberalization; Capital Accumulation |
| Subject classification: | JEL: F10, F43, O40 |
| Institutions of the University: | Faculties > Faculty of Law, Business and Economics Faculties > Faculty of Law, Business and Economics > Department of Economics Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research Faculties > Faculty of Law, Business and Economics > Department of Economics > Chair Economics VI: Empirical Economic Research > Chair Economics VI: Empirical Economic Research - Univ.-Prof. Dr. Mario Larch Faculties |
| Result of work at the UBT: | Yes |
| DDC Subjects: | 300 Social sciences > 330 Economics |
| Date Deposited: | 02 Jun 2022 06:38 |
| Last Modified: | 02 Jun 2022 06:38 |
| URI: | https://eref.uni-bayreuth.de/id/eprint/69896 |