Resource Center

Advanced Search
Technical Papers
Working Papers
Research Memoranda
GTAP-L Mailing List
GTAP FAQs
Educational Materials
CGE Books/Articles
Important References
Submit New Resource

GTAP Resources: Resource Display

GTAP Resource #1216

"Short-Run and Long-Run Industry-Level Estimates of U.S. Armington Elasticities"
by Gallaway, Michael, Christine Mcdaniel and Sandra A. Rivera


Abstract
The Armington substitution elasticity is a key parameter for trade-policy analysis. We estimate short- and long-run Armington elasticities for 309 manufacturing industries at the four-digit Standard Industrial Classification (SIC) level over the period 1989-1995. Our estimation results offer a comprehensive, disaggregated, and up-to-date set of Armington elasticities. On average, long-run estimates are approximately two times larger than the short-run estimates, which is important since long-run estimates are more appropriate for most trade-policy analysis. Also, statistically significant differences exist within most three-digit SIC categories, which highlights the importance of estimation at a disaggregated level.


Resource Details (Export Citation) GTAP Keywords
Category: Other
Status: Published
By/In: North American Journal of Economics and Finance, vol14, pp.49-68
Date: 2003
Version:
Created: (4/17/2003)
Updated: Bacou, M. (2/25/2004)
Visits: 1,356
- North America


Attachments
If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.


Public Access
  File format GTAP Resource 1216   (116.7 KB)   Replicated: 0 time(s)


Restricted Access
No documents have been attached.


Special Instructions
No instructions have been specified.


Comments (0 posted)
You must log in before entering comments.

No comments have been posted.