Non-tradable goods and the border effect puzzle

被引：16
|
作者：
Liu, Xiaoyun [2 ]
Whalley, John [3 ,4 ,5 ]
Xin, Xian [1 ,3 ,6 ]
机构：
[1] China Agr Univ, Coll Econ & Management, Beijing 100083, Peoples R China
[2] China Agr Univ, Coll Humanities & Dev Studies, Beijing 100083, Peoples R China
[3] Univ Western Ontario, Dept Econ, London, ON N6A 5C2, Canada
[4] Natl Bur Econ Res, Cambridge, MA 02138 USA
[5] CIGI, Waterloo, ON, Canada
[6] China Agr Univ, Ctr Rural Dev Policy, Beijing 100083, Peoples R China
来源：
ECONOMIC MODELLING | 2010年 / 27卷 / 05期
关键词：
Border effect; Non-tradable goods; INTRANATIONAL HOME BIAS; GRAVITY EQUATION; TRADE; ARMINGTON;
D O I：
10.1016/j.econmod.2010.05.016
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The surprisingly high Canada-U.S. border effect estimated by McCallum has been puzzling trade economists in the last ten years. We argue in this paper that conventional estimates of the border effect without consideration of non-tradable goods can overstate the trade reducing effect of the national border and the impacts can be considerable. We then explore the Canada-U.S. case with a numerical general equilibrium model with parameters calibrated to 2001 data. Our counterfactual experiment results suggest that after adjusting for effects of non-tradable goods the Canada-U.S. border effect is reduced to 2.11. (C) 2010 Elsevier B.V. All rights reserved.
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页码：909 / 914
页数：6
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