What goods do countries trade?
Subtitle: new Ricardian predictions
By: Arnaud Costinot, Ivana Komunjer.
Contributors: Komunjer, Ivana.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 13691; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 13691.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "Though one of the pillars of the theory of international trade, the extreme predictions of the Ricardian model have made it unsuitable for empirical purposes.  A seminal contribution of Eaton and Kortum (2002) is to demonstrate that random productivity shocks are sufficient to make the Ricardian model empirically relevant.  While successful at explaining trade volumes, their model remains silent with regards to one important question: What goods do countries trade? Our main contribution is to generalize their approach and provide an empirically meaningful answer to this question"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 6/6/2008.

Includes bibliographical references.

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Mode of access: World Wide Web.