Product-Level Trade Elasticities

18.02.2020 12:15 – 13:15

GENEVA TRADE AND DEVELOPMENT WORKSHOP / ABSTRACT

Trade elasticity is a crucial parameter in evaluating the welfare impacts of trade liberalization. We estimate trade elasticities at the product level (6-digit of the Harmonized System comprising more than 5,000 product categories) by exploiting the variation in bilateral applied tariffs for each product category for the universe of available country pairs. This is done by constructing a panel of bilateral applied tariffs and bilateral trade covering the period 2001 to 2016. We address potential endogeneity issues as well as heteroskedasticity and selection bias due to zero flows. The obtained trade elasticities are centered around -5. We finally highlight the differences in the gains from trade arising from considering heterogeneous rather than average trade elasticities. All product level elasticities are made publicly available for sake of scrutiny and use by other researchers.

Lieu

Bâtiment: IHEID

Graduate Institute
Maison de la Paix
Petal 2, Room S4
2 Chemin Eugène-Rigot
1202 Geneva

Organisé par

Faculté d'économie et de management
Institute of Economics and Econometrics

Intervenants

Lionel FONTAGNE, Paris School of Economics, Université Paris 1 Panthéon-Sorbonne, and CEPII, France

entrée libre

Classement

Catégorie: Séminaire

Plus d'infos

www.unige.ch/gsem/en/research/seminars/iee/

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