Taste Parameters as Model Residuals: Assessing the 'Fit' of an Armington Trade Model

By Russell Hillberry, M. A. Anderson, Edward J. Balistreri, Alan Fox. 2005

48 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/f311f8676d242b97a1d3ef25611d3984731bb45d

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. S. Mostashari
2. F. Zhai
3. P. Debaere
4. Kyle Handley
5. Robert C. Johnson
6. Inés Buono
7. G. Lalanne
8. Barry L. Bayus

Citations in the corpus

• Do Tariffs Matter for the Extensive Margin of International Trade? An Empirical Analysis (2010, background): “rationalize the world trade growth in recent decades; Anderson et al. (2005), argue”
• Armington Meets Melitz: Introducing Firm Heterogeneity in a Global CGE Model of Trade (2008, methodology): “As argued by Hillberry et al. (2005), just like error terms in econometric models, the Armington taste parameters serve the role of containing the unexplained variance in the bilateral trade flows in CGE models. There "error terms" tend to be large. Hillberry et al. (2005) examine the trade patterns”
• Structural Estimation and Solution of International Trade Models with Heterogeneous Firms (2011, unknown): “35Hillberry et al. (2005) show the usefulness of framing standard general-equilibrium calibration exercises”