Paul Krugman

@paulkrugman ↗

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Last Checked Sept. 8, 2020

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Sun Aug 18 13:20:37 +0000 2019

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Paul Krugman @paulkrugman

This would imply German exports to US / German imports from US = (German total exports/German total imports) * (US total imports/ US total exports). This falls a bit short if applied to Germany alone 8/ — PolitiTweet.org

Posted Aug. 18, 2019 Hibernated

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Paul Krugman @paulkrugman

My version is something like German exports to US = German share of world exports * Total US imports * distance factor; and similarly US exports to Germany = US share of world exports * Total German imports * distance factor 7/ — PolitiTweet.org

Posted Aug. 18, 2019 Hibernated

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Paul Krugman @paulkrugman

But if "Germany" includes BE + NL, it way *overpredicts* German surplus. This might be because Rotterdam and Antwerp are serving other destinations besides Germany ... Anyway, the point is that there's no sign of asymmetric market access — "unfair" policy — in US/Germany 9/ — PolitiTweet.org

Posted Aug. 18, 2019 Hibernated