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- W3125331352 abstract "I develop a novel view of the trade frictions between rich and poor countries by arguing that to reconcile bilateral trade volumes and price data within a standard gravity model, the trade frictions between rich and poor countries must be systematically asymmetric, with poor countries facing higher costs to export relative to rich countries. I provide a method to model these asymmetries and demonstrate the merits of my approach relative to alternatives in the trade literature. I then argue that these trade frictions are quantitatively important to understanding the large differences in standards of living and total factor productivity across countries." @default.
- W3125331352 created "2021-02-01" @default.
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- W3125331352 date "2009-01-01" @default.
- W3125331352 modified "2023-09-25" @default.
- W3125331352 title "International Trade and Income Differences" @default.
- W3125331352 hasPublicationYear "2009" @default.
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