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95957 |
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|a dc
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|a Costinot, Arnaud
|e author
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|a Massachusetts Institute of Technology. Department of Economics
|e contributor
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|a Costinot, Arnaud
|e contributor
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|a Rodríguez-Clare, Andrés
|e author
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|a Trade Theory with Numbers: Quantifying the Consequences of Globalization
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| 260 |
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|b Elsevier,
|c 2015-03-11T18:57:21Z.
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|z Get fulltext
|u http://hdl.handle.net/1721.1/95957
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|a We review a recent body of theoretical work that aims to put numbers on the consequences of globalization. A unifying theme of our survey is methodological. We rely on gravity models and demonstrate how they can be used for counterfactual analysis. We highlight how various economic considerations-market structure, firm-level heterogeneity, multiple sectors, intermediate goods, and multiple factors of production-affect the magnitude of the gains from trade liberalization. We conclude by discussing a number of outstanding issues in the literature as well as alternative approaches for quantifying the consequences of globalization.
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|a en_US
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|a Article
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|t Handbook of International Economics
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