Article ID Journal Published Year Pages File Type
965094 Journal of the Japanese and International Economies 2014 16 Pages PDF
Abstract
► Extensive margins in both tradable and non-tradable sectors appear endogenously. ► Income and substitution effects between traded and non-traded goods matter. ► The HBS effect is amplified with changes in extensive margins. ► Welfare gains from a rise in extensive margins are found to be important.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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