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Estimating the trade elasticity over time

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  • Yilmazkuday, Hakan

Abstract

This paper estimates the trade elasticity in a continuous way. Following a trade cost shock, trade elasticity estimates are about 1 after one quarter, about 5 after one year, and about 7 after five years.

Suggested Citation

  • Yilmazkuday, Hakan, 2019. "Estimating the trade elasticity over time," Economics Letters, Elsevier, vol. 183(C), pages 1-1.
  • Handle: RePEc:eee:ecolet:v:183:y:2019:i:c:10
    DOI: 10.1016/j.econlet.2019.108579
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    Cited by:

    1. Boehm, Christoph & Levchenko, Andrei A. & Pandalai-Nayar, Nitya, 2020. "The Long and Short (Run) of Trade Elasticities," CEPR Discussion Papers 14645, C.E.P.R. Discussion Papers.
    2. Hakan Yilmazkuday, 2021. "Welfare costs of bilateral currency crises: The role of international trade," International Finance, Wiley Blackwell, vol. 24(1), pages 119-131, April.
    3. Hakan Yilmazkuday, 2021. "Welfare Costs of Travel Reductions within the U.S. due to COVID-19," Working Papers 2114, Florida International University, Department of Economics.

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    More about this item

    Keywords

    Trade elasticity; Short-run; Medium-run; Long-run;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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