Trade Elasticities

 

U.S. TRADE ELASTICITIES

The import demand elasticities presented below are described in detail in Broda and Weinstein (QJE, 2006). The methodology used relies on Feenstra (AER, 1994). Please cite data as follows: C. Broda and D. Weinstein, "Globalization and the Gains from Variety,"  Quarterly Journal of Economics Volume 121, Issue 2 - May 2006

Period 1972 - 1988

TSUSA

SITC Rev.2 5-digit

SITC Rev.2 4-digit

SITC Rev.2 3-digit (with category description, and dummies for low, medium and high demand elasticities)

 

Period 1990 - 2001

HTS

SITC Rev.3 5-digit

SITC Rev.3 4-digit

SITC Rev.3 3-digit (with category description, and dummies for low, medium and high demand elasticities)

 

WORLD TRADE ELASTICITIES

The import demand elasticities presented below are described in detail in Broda and Weinstein (2006). We report 3-digit elasticities for 73 countries in the world (see list below). We used 6-digit HS import data (1992 classification system) from the COMTRADE database from 1994 - 2003 to estimate these elasticities. Please cite data as follows: C. Broda, J. Greenfield and D. Weinstein, “From Groundnuts to Globalization: A Structural Estimate of Trade and Growth” NBER Working Paper No. 12512, Sept. 2006.

73 Countries included (all stata files): Algeria Argentina Australia Austria Belize Bolivia Brazil Canada CentralAfricanRep Chile China Colombia Croatia Cyprus Denmark Dominica Ecuador Egypt ElSalvador Finland France Gabon Germany Greece Grenada Guatemala Honduras HongKong Hungary Iceland India Indonesia Ireland Italy Japan Jordan Korea Latvia Lithuania Macau Macedonia Madagascar Malawi Malaysia Mauritius Mexico Morocco Netherlands NewZealand Nicaragua Norway Oman Peru Poland Portugal Romania SaintKitts SaintVincent SaudiArabia Slovakia Slovenia Spain SriLanka Sweden Switzerland Thailand Togo Tunisia Turkey UnitedKingdom Uruguay USA Venezuela.

Stata file with all 73 countries combined: Sigmas73Countries_94-03_HS3digit.dta

 


EXPORT SUPPLY ELASTICITIES

The import demand and export supply elasticities presented below are described in detail in Broda, Limao and Weinstein (2007). We report 4-digit Import and Export elasticities for 15 non-WTO countries (list of country names and codes). We used 6-digit HS import data (1992 classification system) from the COMTRADE database from 1994 - 2003 to estimate these elasticities (the only exception is Taiwan for which we used TRAINS data). Please cite data as follows: C. Broda, N. Limao and D. Weinstein “Optimal Tariffs: The Evidence” forthcoming American Economic Review.

Stata file with all 15 countries combined: Omegas15NonWTOCountries_94-03_HS4digit.dta

Stata file with Export Supply Elasticities for the US: Omegas15NonUSA_94-03_HS4digit.dta

The file includes dummies for low, medium and high inverse export supply elasticities (the measure of market power used in the paper); summary statistics by country are presented in Table 3A in the paper.