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Structural estimation and solution of international trade models with heterogeneous firms
We present an empirical implementation of a general-equilibrium model of international trade with heterogeneous manufacturing firms. The theory underlying our model is consistent with Melitz (2003).Expand
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The role of border carbon adjustment in unilateral climate policy: Overview of an Energy Modeling Forum study (EMF 29)
Issues of emission leakage and competitiveness are at the fore of the climate policy debate in all the major economies implementing or proposing to implement substantial emission cap-and-tradeExpand
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Structural Estimation and Solution of International Trade Models with Heterogeneous Firms
We present an empirical implementation of a general-equilibrium model of international trade with heterogeneous manufacturing firms. The theory underlying our model is consistent with Melitz (2003).Expand
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A review of Armington trade substitution elasticities
Les resultats obtenus avec les modeles appliques d’equilibre general et partiel utilises pour analyser les politiques commerciales sont presque tous sensibles aux elacticites d’Armington. Alors queExpand
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Can Hypothetical Questions Reveal True Values? A Laboratory Comparison of Dichotomous Choice and Open-Ended Contingent Values with Auction Values
Can hypothetical questions reveal true values? An examination of thelaboratory experimental literature examining contingent valuation (CV)lends some support for using open-ended hypotheticalExpand
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Computing General Equilibrium Theories of Monopolistic Competition and Heterogeneous Firms
This chapter considers alternatives to the Armington formulation of international trade found in most computable general equilibrium (CGE) models. International trade structures consistent with theExpand
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The Performance of the Heckscher-Ohlin-Vanek Model in Predicting Endogenous Policy Forces at the Individual Level
This study tests the hypothesis that agents base their opinions about trade liberalization on the distribution effects as predicted by the Heckscher-Ohlin-Vanek (HOV) model. The HOV model is utilizedExpand
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An estimation of US industry-level capital–labor substitution elasticities: support for Cobb–Douglas
A key parameter that determines the distributional impacts of a policy shift in general equilibrium models is the elasticity of substitution between capital and labor. Despite the importance of thisExpand
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Modeling Services Liberalization: The Case of Kenya
This paper employs a 55 sector small open economy computable general equilibrium model of the Kenyan economy to assess the impact of the liberalization of regulatory barriers against foreign andExpand
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A Discussion on Armington Trade Substitution Elasticities
Applied partial and general equilibrium models used to examine trade policy are almost universally sensitive to trade elasticities. Indeed, the Armington elasticity, the degree of substitutionExpand
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