A balls-and-bins model of trade: Comment

Bernardo S. Blum, Sebastian Claro, Ignatius J. Horstmann

Resultado de la investigación: Contribución a una revistaArtículorevisión exhaustiva

2 Citas (Scopus)

Resumen

We show that the Armenter and Koren model's firm-product-country results rely on the assumption that export shipment size is independent of firm size, and this assumption is contradicted by the data. When actual shipment sizes are used in the balls-and-bins model, it cannot reproduce the data on single product/single country exporters. Beyond just showing that the shipment size assumption matters to balls-and-bins outcomes, our results highlight the important fact that shipment size is an economic decision, co-determined with other export choices. For this reason, we argue that a balls-and-bins model cannot be a purely statistical benchmark model.

Idioma originalInglés
Páginas (desde-hasta)843-851
Número de páginas9
PublicaciónAmerican Economic Review
Volumen106
N.º3
DOI
EstadoPublicada - 2016
Publicado de forma externa

Palabras clave

  • Neoclassical Models of Trade
  • Empirical Studies of Trade
  • Economic Development
  • Agriculture
  • Natural Resources
  • Energy
  • Environment
  • Other Primary Products
  • International Linkages to Development
  • Role of International Organizations
  • Nonrenewable Resources and Conservation
  • Issues in International Trade

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