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Armington Meets Melitz: Introducing Firm Heterogeneity in a Global CGE Model of Trade
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no DOI — not checkedref1
no DOI — not checkedthe estimated � �� ? � ��� �� , and a chosen value for ?, solve the N system of equations (2) to derive the N values of � �� ? � �� . Substituting these � �� ? � �� , the estimated � �� ? � ��� �� , and the value of ? into equation (1), solve for the � �� ? � ��� ��
no DOI — not checkedone has to account simultaneously for the trade-cost change � �� ? � ��� �� in computing the general equilibrium welfare change. Second, one needs initial values of gross output; GDP is unfortunately a "value added" measure of national output. As Head and Mayer (2014) note, although aggregate bilateral international trade flow data are readily available, only few data sets provide data on gross output, and usually for a small number of countries, short time series, and often just for limited sectors (e.g., manufacturing)
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no DOI — not checkedThe Effect of EEC and EFTA on European Trade: A Temporal CrossSection Analysis
no DOI — not checkedA Theoretical Foundation for the Gravity Equation
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no DOI — not checkedPreliminary Examination of Heterogeneous Effects on International Trade of Economic Integration Agreements
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no DOI — not checkedTrade and Investment under Policy Uncertainty: Theory and Firm Evidence
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no DOI — not checkedMake Trade Not War?
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no DOI — not checkedShaping the World Economy: Suggestions for an International Economic Policy
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