Trade Theory with Numbers: Quantifying the Consequences of Globalization

We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic considerations—ma...

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Bibliographic Details
Main Authors: Costinot, Arnaud, Rodríguez-Clare, Andrés
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: Elsevier 2015
Online Access:http://hdl.handle.net/1721.1/95957
https://orcid.org/0000-0002-5503-297X