How Important Is the New Goods Margin in International Trade?

We propose a methodology for studying changes in bilateral commodity trade due to goods not exported previously or exported only in small quantities. Using a panel of 1,900 country pairs, we find that increased trade of these “least-traded goods” is an important factor in trade growth. This extensiv...

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Veröffentlicht in:	The Journal of political economy 2013-04, Vol.121 (2), p.358-392
Hauptverfasser:	Kehoe, Timothy J., Ruhl, Kim J.
Format:	Artikel
Sprache:	eng
Schlagworte:	Asia Changes Chile Commodities trading Economic fluctuations Economic theory Exporters Exports Growth models Imports International trade Latin America Marginality Panel data Political economy Profit margins Shipments South Korea Structural change Studies Trade barriers Trade development Trade liberalization Trade policy U.S.A
Online-Zugang:	Volltext
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