elasticity of trade with respect to trade frictions. We develop a new simulated method of moments estimator to estimate this … elasticity from disaggregate price and trade-flow data and we use it within Eaton and Kortum's (2002) Ricardian model. We apply … elasticity of roughly four, nearly fifty percent lower than Eaton and Kortum's (2002) approach. Moreover, robustness exercises …

Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental …, the trade share provides an alternative source of identication for the elasticity of trade. Following Santos Silva and … the magnitude of trade cost elasticity. The welfare analysis reveals that the resulting extreme variability of the trade …

Quantitative results from a large class of international trade models depend critically on the elasticity of trade with … respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate …-flow data for 123 countries in the year 2004 yields a trade elasticity of roughly four, nearly fifty percent lower than Eaton …

Quantitative results from a large class of international trade models depend critically on the elasticity of trade with … respect to trade frictions. We develop a simulated method of moments estimator to estimate this elasticity from disaggregate …-flow data for 123 countries in the year 2004 yields a trade elasticity of roughly four, nearly fifty percent lower than Eaton …

to recover trade elasticity estimates without the need for price/tariff data. Bringing this to the sectoral level, we … obtain estimates of the trade elasticity for manufacturing, services, and tradable versus non-tradable sectors. …