000332593 001__ 332593
000332593 005__ 20250401110522.0
000332593 041__ $$aeng
000332593 245__ $$aWe couldn't care less about Armington elasticities - but should we?  A systematic analysis of the influence of Armington elasticity misspecification on model results
000332593 260__ $$c2015
000332593 269__ $$a2015
000332593 300__ $$a27
000332593 336__ $$aConference Paper/ Presentation
000332593 500__ $$aPresented at the 18th Annual Conference on Global Economic Analysis, Melbourne, Australia
000332593 520__ $$aThis paper investigates the robustness of CGE models with respect to the elasticities of substitution in demand between domestically produced goods and foreign goods – the so-called Armington elasticities. The Armington-type modeling of trade is still one of the most extensively used specifications in CGE modeling. For a long time the choice of the respective elasticities of substitution has not been given much attention. The most frequently used procedure was to adopt the elasticities from the literature, which meant using elasticities that had been estimated (or guessed) for a different country and often also for a different degree of data aggregation. However, recently, some authors have shown that the elasticities 1) vary more substantially over countries than had been expected and 2) are higher in more recent estimations than in those which have been published in the 1980s and 1990s.
000332593 546__ $$aEnglish
000332593 650__ $$aResearch Methods/Statistical Methods
000332593 650__ $$aResearch and Development/Tech Change/Emerging Technologies
000332593 6531_ $$aArmington
000332593 6531_ $$atrade elasticities
000332593 6531_ $$acomputable general equilibrium
000332593 6531_ $$ameta-study
000332593 6531_ $$amodel validation
000332593 6531_ $$aother data bases and data issues
000332593 700__ $$aSchürenberg-Frosch, Hannah
000332593 773__ $$j2015
000332593 8564_ $$9702b7162-f72a-4a7c-89ec-0861bbd3e34f$$s249413$$uhttps://ageconsearch.umn.edu/record/332593/files/7695.pdf
000332593 909CO $$ooai:ageconsearch.umn.edu:332593$$pGLOBAL_SET
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000332593 980__ $$a2457