Specifically Harrison, Rutherford and Tarr (2001) make this argument. In their “low
elasticities” case an Armington of 4 and a lower-level elasticity of substitution between …

Computable general equilibrium (CGE) models play an important role in supporting public-
policy making on such issues as trade, climate change and taxation. This significantly …

A key parameter in international economics is the elasticity of substitution between domestic
and foreign goods, also called the Armington elasticity. Yet estimates vary widely. We collect …

Regional integration arrangements have been the subject of considerable economic
analysis, beginning with seminal contributions to the" customs union issue" by Viner (1950) …

How big is the elasticity of substitution between goods from different countries—the
Armington elasticity? Estimates of the macroelasticity between home and imported goods …

A common feature of many international trade models is national product differentiation:
countries produce and trade differentiated goods that are to some extent substitutable for …

The effects of the Uruguay Round are quantified using a numerical general equilibrium
model which incorporates increasing returns to scale, 24 regions, 22 commodities, and …

This paper investigates how exports respond to trade protection by studying the US-China
trade war in 2018. Using monthly customs data in China from January 2017 to May 2019, we …

The Armington substitution elasticity is a key parameter for trade-policy analysis. We
estimate short-and long-run Armington elasticities for 309 manufacturing industries at the …

Data for OECD countries document: 1. imports and exports are about three times as volatile
as GDP; 2. imports and exports are pro-cyclical, and positively correlated with each other; 3 …