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Source for product level trade elasticities: https://www.cepii.fr/cepii/en/bdd_modele/bdd_modele.asp |
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One approach to modeling trade flows with differentiated production goods may be that illustrated in Ballard et al. (1985), Chapter 3 (see Section 3.7 beginning on page 45).
I've started outline how this would work in OG-Core in the
model_trade_flowsbranch in my fork. The changes thus far are contained in a new chapter on trade.Beta Was this translation helpful? Give feedback.
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