Construct · 1 fields · 1 citations

Eaton-Kortum model: a standalone construct

One name. One construct. A landmark on the map.

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Eaton-Kortummodel1 CONSTRUCTEaton-Kortum modelEATON · INTERNATIONAL TRADE

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International trade

multi-country Ricardian trade model in which productivity draws follow a Fréchet distribution and geographic barriers yield a gravity equation for trade.

In international trade, Eaton-Kortum model refers to multi-country Ricardian trade model in which productivity draws follow a Fréchet distribution and geographic barriers yield a gravity equation for trade. This meaning comes from Eaton (2002) in Econometrica.[1]

Unit
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Nearby constructs

distribution2 fields · 2 citationsjingle · one word, two constructsfollow1 fields · 1 citationsanchor · a standalone constructgravity4 fields · 6 citationsjingle · one word, four constructs

References

  1. Eaton, J., & Kortum, S. (2002). Technology, Geography, and Trade. Econometrica, 70(5), 1741-1779. https://doi.org/10.1111/1468-0262.00352

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