New Trade Models, Same Old Gains?

Costas Arkolakis, Arnaud Costinot, Andrés Rodríguez-Clare

NBER Working Paper No. 15628
Issued in December 2009

---- Acknowledgements -----

We thank Marios Angeletos, Pol Antras, Andy Atkeson, Ariel Burstein, Dave Donaldson, Maya Eden, Gita Gopinath, Gene Grossman, Ivana Komunjer, Pete Klenow, Giovanni Maggi, Ellen McGrattan, Jim Tybout, Jonathan Vogel, Ivan Werning as well as participants at Arizona State, the Minneapolis Fed, MIT, NBER ITI Winter meeting, Penn State, the Philadelphia Fed, Vanderbilt University, and University of Virginia for helpful suggestions. Andrés Rodríguez-Clare thanks the Human Capital Foundation (http://www.hcfoundation.ru) for support. All errors are our own. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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