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New trade models, elusive welfare gains
https://doi.org/10.24545/00001156
https://doi.org/10.24545/0000115661844620-29ac-42e4-874b-56feb22225e3
名前 / ファイル | ライセンス | アクション |
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DP14-20.pdf (153.2 kB)
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Item type | ディスカッションペーパー / Discussion Paper(1) | |||||
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公開日 | 2014-11-07 | |||||
タイトル | ||||||
言語 | en | |||||
タイトル | New trade models, elusive welfare gains | |||||
言語 | ||||||
言語 | eng | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | product diversity | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | cardinalization | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | subutility function | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | new trade models | |||||
キーワード | ||||||
主題Scheme | Other | |||||
主題 | welfare gains from trade | |||||
資源タイプ | ||||||
資源タイプ | technical report | |||||
ID登録 | ||||||
ID登録 (DOI) | 10.24545/00001156 | |||||
ID登録タイプ | JaLC | |||||
著者 |
BEHRENS, Kristian
× BEHRENS, Kristian× KANEMOTO, Yoshitsugu× MURATA, Yasusada |
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著者別名 | ||||||
姓名 | 金本, 良嗣 | |||||
言語 | ja | |||||
著者別名 | ||||||
姓名 | 村田, 安寧 | |||||
言語 | ja | |||||
著者所属 | ||||||
Department of Economics, Université du Québec à Montréal (ESG-UQAM), Canada; National Research University, Higher School of Economics, Russia; CIRPÉ, Canada; CEPR, UK. | ||||||
著者所属 | ||||||
政策研究大学院大学 / National Graduate Institute for Policy Studies; Graduate School of Public Policy (GRASPP), University of Tokyo | ||||||
著者所属 | ||||||
Advanced Research Institute for the Sciences and Humanities (ARISH), Nihon University | ||||||
分野 | ||||||
内容記述タイプ | Other | |||||
内容記述 | 経済学 / Economics | |||||
抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | We generalize the formulae for welfare changes by Arkolakis, Costinot, and Rodríguez-Clare (2012) and Melitz and Redding (2014a) to allow for various cardinalizations of the subutility functions for varieties. Despite the same macro restrictions and the same equilibrium allocations, our new formula coincides with the original ones if and only if the number of varieties is invariant to foreign shocks. When product diversity responds to foreign shocks, different cardinalizations generate different welfare changes, thus revealing a fundamental difficulty in quantifying welfare gains implied by new trade models. | |||||
内容記述 | ||||||
内容記述タイプ | Other | |||||
内容記述 | JEL Classification Codes: F11, F12 | |||||
発行年 | ||||||
2014-11 | ||||||
書誌情報 |
en : GRIPS Discussion Papers Report No. DP14-20, 発行日 2014-11-07 |
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出版者 | ||||||
言語 | en | |||||
出版者 | GRIPS Policy Research Center | |||||
関連サイト | ||||||
関連タイプ | isIdenticalTo | |||||
識別子タイプ | URI | |||||
関連識別子 | https://ideas.repec.org/p/ngi/dpaper/14-20.html | |||||
著者情報 | ||||||
内容記述タイプ | Other | |||||
内容記述 | https://www.grips.ac.jp/list/jp/facultyinfo/kanemoto_yoshitsugu/ | |||||
著者版フラグ | ||||||
出版タイプ | AM | |||||
出版タイプResource | http://purl.org/coar/version/c_ab4af688f83e57aa |