| 000 -LEADER |
| fixed length control field |
01138nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
230411b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Land, Nelson and Ramondo, Natalia |
| 245 ## - TITLE STATEMENT |
| Title |
Trade with correlation |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
The American: Economic Reviews |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
113(2), Feb, 2023: p. 317-353 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
We develop a trade model with correlation in productivity across countries. The model spans the full class of generalized extreme value import demand systems and implies that countries with relatively dissimilar technology gain more from trade. In the context of a multisector trade model, we provide a tractable and flexible estimation procedure for correlation based on compressing highly disaggregate sectoral data into a few latent factors related to technology classes. We estimate significant heterogeneity in correlation across sectors and countries, which leads to quantitative predictions that are significantly different from estimates of models assuming independent productivity across sectors or countries.- Reproduced |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
The American: Economic Reviews |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
TRADE |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |