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  • Search: subject:"effects of devaluation"
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Armington elasticity 1 CGE trade models 1 disaggregate trade equations 1 effects of devaluation 1 elasticity of trade 1
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Feenstra, Robert 1 Luck, Philip 1 Obstfeld, Maurice 1 Russ, Katheryn N. 1
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C.E.P.R. Discussion Papers 1
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CEPR Discussion Papers 1
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In Search of the Armington Elasticity
Feenstra, Robert; Luck, Philip; Obstfeld, Maurice; … - C.E.P.R. Discussion Papers - 2014
The elasticity of substitution between goods from different countries—the Armington elasticity—is important for many questions in international economics, but its magnitude is subject to debate: the "macro" elasticity between home and import goods is often found to be smaller than the...
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