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We construct a model of trade with heterogeneous retailers to examine the effects of trade liberalization on retail market structure, imports and social welfare. We are especially interested in studying the degree of pass-through of import into retail prices and the effects of retail market...
Persistent link: https://www.econbiz.de/10013095573
The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to …
Persistent link: https://www.econbiz.de/10003825274
of international trade which incorporates the new trade theory as well as aspects of the theory of multinational …
Persistent link: https://www.econbiz.de/10011474172
We offer a new perspective to the unionised wage effects of unilateral trade liberalisation by considering endogenous domestic market structure. Hence, in contrast to the existing works, which focus on the short-run effects of trade liberalisation on unionised wage, we focus on more long-run...
Persistent link: https://www.econbiz.de/10013136002
We set up a model of offshoring with heterogeneous producers that captures two empirical regularities of German offshoring firms. There is selection of larger, more productive firms into offshoring. However, the selection is not sharp, and offshoring and non-offshoring firms coexist over a wide...
Persistent link: https://www.econbiz.de/10011611197
We set up a model of offshoring with heterogeneous producers that captures two empirical regularities of German offshoring firms. There is selection of larger, more productive firms into offshoring. However, the selection is not sharp, and offshoring and non-offshoring firms coexist over a wide...
Persistent link: https://www.econbiz.de/10011617265
We develop a model with endogeneity in key features of industrial structure linked to heterogeneous cost structures under Cournot competition. We use the model to explore issues related to cross-country differences in industry structure and the impact of globalization on markups and pricing,...
Persistent link: https://www.econbiz.de/10009239053
This paper investigates competition between chain-stores and independents in the UK opticians' industry, using the relationship between the number of outlets present in a local market and the market size. Chain-stores are shown to have a significant effect on local market competition. In...
Persistent link: https://www.econbiz.de/10014057341
This paper analyzes the role of product quality and labor efficiency in shaping the trade patterns and trade intensities within and across two groups of countries, the developed and richer North and the developing South. Taking prices as a proxy for quality, recent empirical literature...
Persistent link: https://www.econbiz.de/10003954550
leads to higher average prices. We test the theory using detailed data for Brazilian exporters and find that the destination …
Persistent link: https://www.econbiz.de/10009764401