A generalized Armington trade model: Respecification
نویسندگان
چکیده
منابع مشابه
Armington Meets Melitz: Introducing Firm Heterogeneity in a Global CGE Model of Trade
Traditional computable general equilibrium (CGE) models based on the Armington assumption fail to capture the extensive margin of trade, and thereby underestimate the trade and welfare effects of trade opening. To address this problem, this paper introduces the Melitz (2003) theoretical framework with firm heterogeneity and fixed exporting costs into a global CGE model. Some illustrative simula...
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ژورنال
عنوان ژورنال: Agricultural Economics
سال: 1993
ISSN: 0169-5150,1574-0862
DOI: 10.1111/j.1574-0862.1993.tb00279.x