This paper estimates the elasticity of substitution of U.S. imports using detailed trade data over the 1990-2003 period. The authors use a two-stage least squares framework in order to identify the elasticity parameter of interest. The authors use the elasticity estimates to assess the extent to which Latin American and Chinese goods compete in the U.S. market by providing forecasts of how alternative policy scenarios may affect exports to the United...
انظر المزيد
تفاصيل
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2008/1/01
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ورقة عمل خاصة ببحوث السياسات
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WPS4497
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1
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1
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2010/7/01
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Disclosed
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How sensitive are Latin American exports to Chinese competition in the U.S. market ?
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financial and private sector development