Replication data for: A Balls-and-Bins Model of Trade

Principal Investigator(s):  View help for Principal Investigator(s) Roc Armenter; Miklós Koren

Version:  View help for Version V1

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  AER-MS-20101454-replication 10/19/2021 02:57:PM
LICENSE.txt text/plain 14.6 KB 10/11/2019 06:39:PM

Project Citation: 

Armenter, Roc, and Koren, Miklós. Replication data for: A Balls-and-Bins Model of Trade. Nashville, TN: American Economic Association [publisher], 2014. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112835V1

Project Description

Summary:  View help for Summary Many of the facts about the extensive margin of trade—which firms export, and how many products are sent to how many destinations—are consistent with a surprisingly large class of trade models because of the sparse nature of trade data. We propose a statistical model to account for sparsity, formalizing the assignment of trade shipments to country, product, and firm categories as balls falling into bins. The balls-and-bins model quantitatively reproduces the pattern of zero product- and firm-level trade flows across export destinations, and the frequency of multiproduct, multidestination exporters. In contrast, balls-and-bins overpredicts the fraction of exporting firms.

Scope of Project

Subject Terms:  View help for Subject Terms extensive margin; sparse data; transactions; international trade
JEL Classification:  View help for JEL Classification
      F11 Neoclassical Models of Trade
      F14 Empirical Studies of Trade
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 1/1/2005 – 12/31/2005
Data Type(s):  View help for Data Type(s) administrative records data; event/transaction data; census/enumeration data; program source code; aggregate data

Methodology

Data Source:  View help for Data Source U.S. International Trade in Goods and Services (FT900), U.S. Bureau of the Census
Unit(s) of Observation:  View help for Unit(s) of Observation foreign trade shipments,

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V1 [2019-10-11]

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