Hierarchical Trade and Endogenous Price Distortions
نویسندگان
چکیده
منابع مشابه
Trade Liberalization, Price Distortions, and Resource Reallocation*
We construct a time-variant, price-based measure of trade distortions in 28 manufacturing industries for a large sample of countries over the last four decades, documenting facts consistent with the argument that changes in relative prices are an important channel through which an economy’s openness affects outcomes. First, we find that price distortions at the aggregate level are negatively as...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2007
ISSN: 1556-5068
DOI: 10.2139/ssrn.1011731