所属栏目:银行与金融机构/金融与宏观经济

Revealing Ricardian Comparative Advantage with Micro and Macro Data
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发布日期:2025年08月18日 上次修订日期:2025年08月18日

摘要

We propose a sufficient statistics approach to measuring Ricardian comparative advantage in a quantitative trade model featuring cross-country differences in productivity, factor prices, market size, as well as monopolistic competition, endogenous markups, and firm heterogeneity. The model’s micro-foundations do not necessarily imply that the relevant data for the proposed sufficient statistics must include micro information, but its micro-structure is needed to understand how only macro information can be used instead. Applying the approach to Chinese microdata and cross-country macrodata, we show that imperfect competition with endogenous markups and firm heterogeneity have far-reaching implications for correctly measuring Ricardian comparative advantage.
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Hanwei Huang; Gianmarco I.P. Ottaviano Revealing Ricardian Comparative Advantage with Micro and Macro Data (2025年08月18日) https://www.cfrn.com.cn/lw/16359

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