Value-added share and elasticity of trade to barriers
Trade flows, either measured as gross trade or flows of value-added, tend to be less sensitive to trade barriers in industries that feature a greater share of value-added in its product. Gross trade is, in general, more sensitive to trade barriers than the trade in value-added does. The differences between the elasticities of gross trade and value-added trade with respect to distance tend to be smaller for industries with a higher share of value-added in its product.
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Work Title | Value-added share and elasticity of trade to barriers |
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License | In Copyright (Rights Reserved) |
Work Type | Article |
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Publication Date | July 1, 2021 |
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Deposited | November 07, 2022 |
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