TY - BOOK ID - 84539452 TI - Armington Elasticities in Intermediate Inputs Trade : A Problem in Using Multilateral Trade Data PY - 2004 SN - 1462342000 1452789657 1283555840 9786613868299 1451891857 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Elasticity (Economics) KW - Commercial policy KW - International trade KW - Foreign trade policy KW - International trade policy KW - Trade policy KW - Economic policy KW - International economic relations KW - Coefficient of elasticity KW - Demand elasticity KW - Elasticity, Coefficient of KW - Elasticity of demand KW - Price elasticity of demand KW - Demand (Economic theory) KW - Economics KW - Econometric models. KW - Government policy KW - Investments: Commodities KW - Exports and Imports KW - Industries: Manufacturing KW - Empirical Studies of Trade KW - Model Construction and Estimation KW - Trade Policy KW - International Trade Organizations KW - Industry Studies: Manufacturing: General KW - Agriculture: General KW - Trade: General KW - International economics KW - Manufacturing industries KW - Investment & securities KW - Manufacturing KW - Agricultural commodities KW - Multilateral trade KW - Plurilateral trade KW - Imports KW - Economic sectors KW - Commodities KW - Farm produce KW - United States UR - https://www.unicat.be/uniCat?func=search&query=sysid:84539452 AB - This paper finds that the estimates of Armington elasticities (the elasticity of substitution between groups of products identified by country of origin) obtained from multilateral trade data can differ from those obtained from bilateral trade data. In particular, the former tends to be higher than the latter when trade consists largely of intermediate inputs. Given that the variety of intermediate inputs traded across borders is increasing rapidly, and that the effect of this increase is not adequately captured in multilateral trade data, the evidence shows that the use of multilateral trade data to estimate Armington elasticities needs caution. ER -