Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 42
Book Description
Caliendo V. Rodriguez
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 42
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 42
Book Description
Anthony Caliendo v. Matt Rodriguez Brief of Defendants-Appellees
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 72
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 72
Book Description
United States of America V. Rodriguez
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 86
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 86
Book Description
Official Reports of the Supreme Court
Author: United States. Supreme Court
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 556
Book Description
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 556
Book Description
Rodriguez V. Sheriff's Merit Commission of Kane County, Illinois
Author:
Publisher:
ISBN:
Category : Legal briefs
Languages : en
Pages : 392
Book Description
Publisher:
ISBN:
Category : Legal briefs
Languages : en
Pages : 392
Book Description
United States Reports
Author: United States. Supreme Court
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 1404
Book Description
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 1404
Book Description
West's Supreme Court Reporter
Author:
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 988
Book Description
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 988
Book Description
Outline Standards of Review, Ninth Circuit Court of Appeals
Author: United States. Court of Appeals (9th Circuit)
Publisher:
ISBN:
Category : Appellate procedure
Languages : en
Pages : 486
Book Description
Publisher:
ISBN:
Category : Appellate procedure
Languages : en
Pages : 486
Book Description
Cases Argued and Decided in the Supreme Court of the United States
Author: United States. Supreme Court
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 1336
Book Description
First series, books 1-43, includes "Notes on U.S. reports" by Walter Malins Rose.
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 1336
Book Description
First series, books 1-43, includes "Notes on U.S. reports" by Walter Malins Rose.
The Intensive Margin in Trade
Author: Ana Fernandes
Publisher: International Monetary Fund
ISBN: 1484386175
Category : Business & Economics
Languages : en
Pages : 66
Book Description
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank’s Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50 percent of variation in exports is along the extensive margin—a quantitative victory for the Melitz framework. The remaining 50 percent on the intensive margin (exports per exporting firm) contradicts a special case of Melitz with Pareto-distributed firm productivity, which has become a tractable benchmark. This benchmark model predicts that, conditional on the fixed costs of exporting, all variation in exports across trading partners should occur on the extensive margin. We find that moving from a Pareto to a lognormal distribution allows the Melitz model to match the role of the intensive margin in the EDD. We use likelihood methods and the EDD to estimate a generalized Melitz model with a joint lognormal distribution for firm-level productivity, fixed costs and demand shifters, and use “exact hat algebra” to quantify the effects of a decline in trade costs on trade flows and welfare in the estimated model. The welfare effects turn out to be quite close to those in the standard Melitz-Pareto model when we choose the Pareto shape parameter to fit the average trade elasticity implied by our estimated Melitz-lognormal model, although there are significant differences regarding the effects on trade flows.
Publisher: International Monetary Fund
ISBN: 1484386175
Category : Business & Economics
Languages : en
Pages : 66
Book Description
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank’s Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50 percent of variation in exports is along the extensive margin—a quantitative victory for the Melitz framework. The remaining 50 percent on the intensive margin (exports per exporting firm) contradicts a special case of Melitz with Pareto-distributed firm productivity, which has become a tractable benchmark. This benchmark model predicts that, conditional on the fixed costs of exporting, all variation in exports across trading partners should occur on the extensive margin. We find that moving from a Pareto to a lognormal distribution allows the Melitz model to match the role of the intensive margin in the EDD. We use likelihood methods and the EDD to estimate a generalized Melitz model with a joint lognormal distribution for firm-level productivity, fixed costs and demand shifters, and use “exact hat algebra” to quantify the effects of a decline in trade costs on trade flows and welfare in the estimated model. The welfare effects turn out to be quite close to those in the standard Melitz-Pareto model when we choose the Pareto shape parameter to fit the average trade elasticity implied by our estimated Melitz-lognormal model, although there are significant differences regarding the effects on trade flows.