On average, estimates of trade elasticities are smaller in aggregate data than at sector level.
This is an artifact of aggregation. Estimations performed on aggregate data constrain sector …

Trade protection costs the European Community between 6 and 7 percent of its gross
domestic product, or the equivalent of the annual economic output of Spain. Continuing the …

I investigate the consequences of firms' joint import and export decisions in the context of
large devaluations. I provide empirical evidence that large devaluations are characterized …

This paper documents the basic Computable General Equilibrium (CGE) model of the US
economy developed at the Economic Research Service (ERS), USDA. The paper both …

Countries and regions within countries frequently import and export from the same standard
industrial classification (SIC) groupings. In describing international trade, the Armington …

The problem of endowing large applied general equilibrium models with numerical values
for parameters is formidable. For example, a complete set of own-and cross-price elasticities …

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This paper analyzes the effects of a US-Mexico free trade agreement (FTA) on agriculture.
We use a 28-sector, three-country computable general equilibrium (CGE) model in which we …

We assess five proposals for the future of the EU greenhouse gas Emission Trading Scheme
(ETS): pure grandfathering allocation of emission allowances (GF), output-based allocation …

This paper studies the market and welfare effects of income heterogeneity in
monopolistically competitive product markets in the context of nonhomothetic preferences. In …