Dissecting Gains from Trade: Changes in Welfare Cost of Autarky
نویسندگان
چکیده
منابع مشابه
Intersectoral Distortions, Structural Change and the Welfare Gains from Trade
How large are the welfare gains from trade when factors are misallocated due to domestic distortions? In this paper I provide a quantitative answer to this question by incorporating distortions to the allocation of labor across broad sectors into a model of structural change and Ricardian trade. Calibrating the model using 36 years of data for a diverse set of countries I find that (1) gains fr...
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ژورنال
عنوان ژورنال: East Asian Economic Review
سال: 2018
ISSN: 2508-1640,2508-1667
DOI: 10.11644/kiep.eaer.2018.22.3.345