A Test of the Alchian-Allen Conjecture with Transaction-level Trade Data
We use Kosovo’s transaction-level import value, tariff duties and transport cost data for very finely disaggregated products to test the Alchian–Allen conjecture. First, we show that the elasticity of freight costs to import prices is much lower than the unitary elasticity predicted by the iceberg t...
| Main Authors: | , |
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| Format: | Journal Article |
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Taylor and Francis
2020
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| Online Access: | http://hdl.handle.net/10986/33768 |