1 option
Why Trade Matters After All / Ralph Ossa.
- Format:
- Book
- Author/Creator:
- Ossa, Ralph.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w18113.
- NBER working paper series no. w18113
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2012.
- Summary:
- I show that accounting for cross-industry variation in trade elasticities greatly magnifies the estimated gains from trade. The main idea is as simple as it is general: While imports in the average industry do not matter too much, imports in some industries are critical to the functioning of the economy, so that a complete shutdown of international trade is very costly overall.
- Notes:
- Print version record
- May 2012.
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