New Trade Models, Same Old Gains?
Micro-level data have had a profound infl uence on research in international trade over the last ten years. In many regards, this research agenda has been very successful. New stylized facts have been uncovered and new trade models have been developed to explain these facts. In this paper we inve...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Article |
| Language: | en_US |
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American Economic Association
2011
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| Online Access: | http://hdl.handle.net/1721.1/61737 https://orcid.org/0000-0002-5503-297X |
| _version_ | 1826214372840570880 |
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| author | Arkolakis, Costas Costinot, Arnaud Rodríguez-Clare, Andrés |
| author2 | Massachusetts Institute of Technology. Department of Economics |
| author_facet | Massachusetts Institute of Technology. Department of Economics Arkolakis, Costas Costinot, Arnaud Rodríguez-Clare, Andrés |
| author_sort | Arkolakis, Costas |
| collection | MIT |
| description | Micro-level data have had a profound infl uence on research in international trade over
the last ten years. In many regards, this research agenda has been very successful. New
stylized facts have been uncovered and new trade models have been developed to explain
these facts. In this paper we investigate to which extent answers to new micro-level
questions have affected answers to an old and central question in the field: How large are
the welfare gains from trade? A crude summary of our results is: So far, not much. |
| first_indexed | 2024-09-23T16:04:02Z |
| format | Article |
| id | mit-1721.1/61737 |
| institution | Massachusetts Institute of Technology |
| language | en_US |
| last_indexed | 2024-09-23T16:04:02Z |
| publishDate | 2011 |
| publisher | American Economic Association |
| record_format | dspace |
| spelling | mit-1721.1/617372022-10-02T06:06:37Z New Trade Models, Same Old Gains? Arkolakis, Costas Costinot, Arnaud Rodríguez-Clare, Andrés Massachusetts Institute of Technology. Department of Economics Costinot, Arnaud Costinot, Arnaud Micro-level data have had a profound infl uence on research in international trade over the last ten years. In many regards, this research agenda has been very successful. New stylized facts have been uncovered and new trade models have been developed to explain these facts. In this paper we investigate to which extent answers to new micro-level questions have affected answers to an old and central question in the field: How large are the welfare gains from trade? A crude summary of our results is: So far, not much. Human Capital Foundation 2011-03-18T19:31:02Z 2011-03-18T19:31:02Z 2010-12 Article http://purl.org/eprint/type/JournalArticle 0002-8282 1944-7981 http://hdl.handle.net/1721.1/61737 Arkolakis, Costas, Arnaud Costinot, and Andrés Rodríguez-Clare. "New Trade Models, Same Old Gains?" forthcoming in American Economic Review https://orcid.org/0000-0002-5503-297X en_US American Economic Review Attribution-Noncommercial-Share Alike 3.0 Unported http://creativecommons.org/licenses/by-nc-sa/3.0/ application/pdf American Economic Association MIT web domain |
| spellingShingle | Arkolakis, Costas Costinot, Arnaud Rodríguez-Clare, Andrés New Trade Models, Same Old Gains? |
| title | New Trade Models, Same Old Gains? |
| title_full | New Trade Models, Same Old Gains? |
| title_fullStr | New Trade Models, Same Old Gains? |
| title_full_unstemmed | New Trade Models, Same Old Gains? |
| title_short | New Trade Models, Same Old Gains? |
| title_sort | new trade models same old gains |
| url | http://hdl.handle.net/1721.1/61737 https://orcid.org/0000-0002-5503-297X |
| work_keys_str_mv | AT arkolakiscostas newtrademodelssameoldgains AT costinotarnaud newtrademodelssameoldgains AT rodriguezclareandres newtrademodelssameoldgains |