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• W2022782890 abstract "This paper examines the ‘small share’ problem inherent within the constant elasticity of substitution Armington specification. As a de facto research tool in the quantitative trade literature, this structural bias plagues the results of numerous multi-region CGE studies. Kuiper and van Tongeren (2006) proposed a fusion of gravity and CGE specifications to remedy said bias, which the current paper further develops. With a pervasiveness of ‘small-share’ examples on Mercosur–European Union trade owing to the latter's restrictive tariff regime, the results reveal that significant additional trade led gains to Mercosur under a potential preferential trade agreement when compared with the standard Armington treatment." @default.
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• W2022782890 date "2014-06-01" @default.
• W2022782890 modified "2023-10-01" @default.
• W2022782890 title "Shifting Armington trade preferences: A re-examination of the Mercosur–EU negotiations" @default.
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• W2022782890 doi "https://doi.org/10.1016/j.econmod.2014.03.016" @default.
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