Supply capacity, vertical specialization and tariff rates

the implications for aggregate U.S. trade flow equations

Supply capacity, vertical specialization and ...
Menzie David Chinn, Menzie Dav ...
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Last edited by MARC Bot
December 13, 2020 | History

Supply capacity, vertical specialization and tariff rates

the implications for aggregate U.S. trade flow equations

"This paper re-examines aggregate and disaggregate import and export demand functions for the United States. This re-examination is warranted because (1) income elasticities are too high to be warranted by standard theories, and (2) remain high even when it is assumed that supply factors are important. These findings suggest that the standard models omit important factors. An empirical investigation indicates that the rising importance of vertical specialization combined with decreasing tariffs rates explains some of results. Accounting for these factors yields more plausible estimates of income elasticities, as well as smaller prediction errors"--National Bureau of Economic Research web site.

Publish Date
Language
English
Pages
29

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Book Details


Edition Notes

"October 2005."

Includes bibliographical references (p. 15-17).

Also available in PDF from the NBER world wide web site (www.nber.org).

Published in
Cambridge, Mass
Series
NBER working paper series -- no. 11719., Working paper series (National Bureau of Economic Research) -- working paper no. 11719.

The Physical Object

Pagination
29 p. :
Number of pages
29

ID Numbers

Open Library
OL17628328M
OCLC/WorldCat
62351709

Source records

Oregon Libraries MARC record

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History

Download catalog record: RDF / JSON
December 13, 2020 Edited by MARC Bot import existing book
November 28, 2012 Edited by AnandBot Fixed spam edits.
November 23, 2012 Edited by 62.109.5.238 Edited without comment.
December 5, 2010 Edited by Open Library Bot Added subjects from MARC records.
December 10, 2009 Created by WorkBot add works page