The International Elasticity Puzzle

By Kim J. Ruhl. 2008

289 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/56879b1005fc6ac172f40e3960b6547e8741ca8b

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Citations in the corpus

How Important Is the New Goods Margin in International Trade? (2013, unknown): “That we do not see the extensive margin change over the business cycle suggests that the sunk nature of these costs may be important, but models with uncertainty are needed (Alessandria and Choi 2007; Ruhl 2008).”
A theory of entry into and exit from export markets (2013, background): “The solution to equation (32), subject to the boundary conditions (33)(34), is”
Trade and Investment under Policy Uncertainty: Theory and Firm Evidence (2015, background): “Alternatively, PTAs may imply permanent reductions in trade frictions so future shocks to macro variables may have larger e¤ects on expected pro ts, which can generate entry as argued by Ruhl (2008).”
Firms' Exporting Behavior under Quality Constraints (2009, unknown): “The most common one is a model that combines productivity differences à la Melitz (2003) with heterogeneous fixed or sunk export costs (Das et al., Ruhl 2008, Eaton et al. 2008, Armenter and Koren 2009).38 Under this framework, less productive exporters might be of equal size as more productive…”
Product and Process Productivity: Implications for quality choice and conditional exporter premia (2013, background): “The most common one is a model that combines productivity differences à la Melitz (2003) with heterogeneous fixed or sunk export costs (Das et al., 2007; Eaton et al., 2011; Ruhl, 2008; Armenter and Koren, 2010).”
Factor Market Distortions Across Time, Space and Sectors in China (2011, methodology): “This implies that the elasticities of substitution across provinces and between sectors are both 1.5, which is the value commonly used in the international real business cycle literature and is much lower than the values that are used in the trade literature (see, e.g., Ruhl, 2008).”
Brexit and the macroeconomic impact of trade policy uncertainty (2019, background): “My paper also contributes to the related literature on trade dynamics with heterogeneous firms and endogenous export participation (Alessandria and Choi, 2007; Ruhl, 2008; Alessandria et al., 2013, 2018, 2017; Alessandria and Choi, 2018; Ramanarayanan, 2017).”
International Prices and Exchange Rates (2013, unknown): “A similar relationship between markups and relative prices is implied by other commonly used non-CES utility functions over a continuum of products such as quadratic (e.g. Melitz and Ottaviano (2008)) or translog utility (e.”
New Exporter Dynamics (2014, unknown): “…use these types of models to study how the inclusion of plants’ exporting decisions affects real exchange rate and net export dynamics over business cycles; and Ruhl (2008) demonstrates how export entry can produce asymmetric responses to temporary and permanent changes in expected export proﬁts.”
Supply Chain Disruptions: Evidence from the Great East Japan Earthquake* (2016, background): “See Ruhl (2008), who emphasizes that the size of the appropriate elasticity is tied to the time horizon considered.”
Exporting under trade policy uncertainty: Theory and evidence (2014, background): “Ruhl (2008) provides a related explanation to the mechanism in this paper.”