Welfare Gains from Trade in Multi-Sector Models: The Role of Aggregation and Income Elasticities

2018 ◽  
Author(s):  
Hakan Yilmazkuday
Keyword(s):  
Gains From Trade ◽  
Welfare Gains ◽  
Income Elasticities ◽  
Welfare Gains From Trade

scholarly journals Allocative Efficiency, Mark-ups, and the Welfare Gains from Trade

2013 ◽  
Author(s):  
Thomas Holmes ◽  
Wen-Tai Hsu ◽  
Sanghoon Lee
Keyword(s):  
Allocative Efficiency ◽  
Gains From Trade ◽  
Welfare Gains ◽  
Welfare Gains From Trade

Capital accumulation and the welfare gains from trade

2017 ◽  
Vol 66 (2) ◽  
pp. 491-523 ◽  
Author(s):  
Wyatt J. Brooks ◽  
Pau S. Pujolas
Keyword(s):  
Capital Accumulation ◽  
Gains From Trade ◽  
Welfare Gains ◽  
Welfare Gains From Trade

Daily Welfare Gains from Trade

2017 ◽  
Author(s):  
Hasan Toprak
Keyword(s):  
Gains From Trade ◽  
Welfare Gains ◽  
Welfare Gains From Trade

Intersectoral distortions and the welfare gains from trade

2017 ◽  
Vol 104 ◽  
pp. 138-156 ◽  
Author(s):  
Tomasz Święcki
Keyword(s):  
Gains From Trade ◽  
Welfare Gains ◽  
Welfare Gains From Trade

On Measuring the Welfare Gains from Trade Under Consumer Heterogeneity

2015 ◽  
Vol 126 (593) ◽  
pp. 1193-1237 ◽  
Author(s):  
Sergey Nigai
Keyword(s):  
Gains From Trade ◽  
Consumer Heterogeneity ◽  
Welfare Gains ◽  
Welfare Gains From Trade

scholarly journals New Trade Models, Same Old Gains?

2012 ◽  
Vol 102 (1) ◽  
pp. 94-130 ◽  
Author(s):  
Costas Arkolakis ◽  
Arnaud Costinot ◽  
Andrés Rodríguez-Clare
Keyword(s):  
International Trade ◽  
Research Agenda ◽  
Gains From Trade ◽  
Central Question ◽  
Welfare Gains ◽  
Stylized Facts ◽  
Profound Influence ◽  
Level Data ◽  
Micro Level ◽  
Welfare Gains From Trade

Micro-level data have had a profound influence on research in international trade over the last ten years. In many regards, this research agenda has been very successful. New stylized facts have been uncovered and new trade models have been developed to explain these facts. In this paper we investigate to what extent answers to new micro-level questions have affected answers to an old and central question in the field: how large are the welfare gains from trade? A crude summary of our results is: “So far, not much.” (JEL F11, F12)

scholarly journals Domestic vs. International Welfare Gains from Trade

2017 ◽  
Vol 2017 (298) ◽  
Author(s):  
Hakan Yilmazkuday ◽  
Keyword(s):  
Gains From Trade ◽  
Welfare Gains ◽  
Welfare Gains From Trade

Capital Accumulation and the Welfare Gains from Trade

2017 ◽  
Author(s):  
Wyatt Brooks ◽  
Pau Pujolas
Keyword(s):  
Capital Accumulation ◽  
Gains From Trade ◽  
Welfare Gains ◽  
Welfare Gains From Trade

scholarly journals Trade Adjustment Dynamics and the Welfare Gains from Trade

2014 ◽  
Author(s):  
George Alessandria ◽  
Horag Choi ◽  
Kim Ruhl
Keyword(s):  
Gains From Trade ◽  
Welfare Gains ◽  
Trade Adjustment ◽  
Welfare Gains From Trade ◽  
Adjustment Dynamics

scholarly journals The US Gains From Trade: Valuation Using the Demand for Foreign Factor Services

2018 ◽  
Vol 32 (2) ◽  
pp. 3-24 ◽  
Author(s):  
Arnaud Costinot ◽  
Andrés Rodríguez-Clare
Keyword(s):  
United States ◽  
Policy Change ◽  
The United States ◽  
Welfare Cost ◽  
The Other ◽  
Policy Intervention ◽  
Gains From Trade ◽  
Welfare Gains ◽  
The Us ◽  
Welfare Gains From Trade

About eight cents out of every dollar spent in the United States is spent on imports. What if, because of a wall or some other extreme policy intervention, imports were to remain on the other side of the US border? How much would US consumers be willing to pay to prevent this hypothetical policy change from taking place? The answer to this question represents the welfare cost from autarky or, equivalently, the welfare gains from trade. In this article, we discuss how to evaluate these gains using estimates of the demand for foreign factor services.

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