Intermediate Goods in International Trade with Variable Proportions and Two Primary Inputs
نویسندگان
چکیده
منابع مشابه
Intermediate Goods Trade and Macroeconomic Volatility: The Case of Iran-China Trade Relations
This paper tries to analyze the impacts of intermediate goods trade on production, consumption, investment, net exports, employment, labor wage and capital rent of Iran in its bilateral trade relations with China. This analysis has been done by modeling, solving and calibrating an international real business cycles (IRBC) model in period 1980-2009. The results show that when elasticity of subst...
متن کاملIntermediate Goods Trade, Technology Choice and Productivity
We develop a dynamic model of intermediate goods trade in which the pattern and the extent of intermediate goods trade are endogenous. We consider a small open economy whose nal good production employs an endogenous array of intermediate goods, from low technology (high cost) to high technology (low cost). The underlying intermediate goods technology evolves over time. We allow for endogenous ...
متن کاملTrade in Intermediate Inputs and Business Cycle Comovement
In data, bilateral trade is strongly correlated with bilateral GDP comovement. This paper examines whether trade in intermediate inputs explains this empirical fact. I integrate input trade into a many country, multi-sector model and calibrate the model to data on bilateral input-output linkages. With estimated productivity shocks, the model generates an aggregate trade-comovement correlation 3...
متن کاملInternational Trade with Three Factors, Goods or Countries
Three is the smallest number for illustrating some properties of the theory of production and trade. The number two is convenient but leads to incomplete intuition. The present paper synthesizes the literature on high dimensional trade theory ancl presents some new results using models with three factors, goods, or countries. The theory of production and trade is two dimensional, based on expor...
متن کاملintermediate goods trade and macroeconomic volatility: the case of iran-china trade relations
this paper tries to analyze the impacts of intermediate goods trade on production, consumption, investment, net exports, employment, labor wage and capital rent of iran in its bilateral trade relations with china. this analysis has been done by modeling, solving and calibrating an international real business cycles (irbc) model in period 1980-2009. the results show that when elasticity of subst...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: The Quarterly Journal of Economics
سال: 1971
ISSN: 0033-5533
DOI: 10.2307/1880702