Replication data for: A Balls-and-Bins Model of Trade: Comment
Principal Investigator(s): View help for Principal Investigator(s) Bernardo S. Blum; Sebastian Claro; Ignatius J. Horstmann
Version: View help for Version V1
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Project Citation:
Blum, Bernardo S., Claro, Sebastian, and Horstmann, Ignatius J. Replication data for: A Balls-and-Bins Model of Trade: Comment. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E112982V1
Project Description
Summary:
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We show that the Armenter and Koren model's firm-product-country
results rely on the assumption that export shipment size is independent of firm size, and this assumption is contradicted by the data.
When actual shipment sizes are used in the balls-and-bins model, it
cannot reproduce the data on single product/single country exporters.
Beyond just showing that the shipment size assumption matters
to balls-and-bins outcomes, our results highlight the important fact
that shipment size is an economic decision, co-determined with other
export choices. For this reason, we argue that a balls-and-bins model
cannot be a purely statistical benchmark model. (JEL F11, F14, O13,
O19, Q37)
Scope of Project
JEL Classification:
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F11 Neoclassical Models of Trade
F14 Empirical Studies of Trade
O13 Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
O19 International Linkages to Development; Role of International Organizations
Q37 Nonrenewable Resources and Conservation: Issues in International Trade
F11 Neoclassical Models of Trade
F14 Empirical Studies of Trade
O13 Economic Development: Agriculture; Natural Resources; Energy; Environment; Other Primary Products
O19 International Linkages to Development; Role of International Organizations
Q37 Nonrenewable Resources and Conservation: Issues in International Trade
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