Heterogeneous Trade Costs of Trade Barriers
Economists have argued that rich and poor countries face asymmetric trade costs. In this short note, we propose a simple trade cost function to model trade cost asymmetry at the trade barrier level. Our trade cost function can better fit the data and shed light on the nature of some important parameters that have been used in applications on cross-country productivity and income differences.
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| Work Title | Heterogeneous Trade Costs of Trade Barriers |
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| Access | |
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| License | In Copyright (Rights Reserved) |
| Work Type | Article |
| Publication Date | November 22, 2021 |
| Deposited | November 22, 2021 |
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