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Heterogeneous Firms and Trade
Melitz, Marc J; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2013
markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …
Persistent link: https://www.econbiz.de/10011084049
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Matching and Sorting in a Global Economy
Grossman, Gene; Helpman, Elhanan; Kircher, Philipp - C.E.P.R. Discussion Papers - 2013
We develop a neoclassical trade model with heterogeneous factors of production. We consider a world with two factors, labor and "managers", each with a distribution of ability levels. Production combines a manager of some type with a group of workers. The output of a unit depends on the types of...
Persistent link: https://www.econbiz.de/10011084509
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Heterogeneous Workers and International Trade
Grossman, Gene - C.E.P.R. Discussion Papers - 2013
productivity and efficiency via its impact on sorting and matching in the labor market. Some of the most recent contributions also …
Persistent link: https://www.econbiz.de/10011083458
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Trade and Convergence Among Countries
Ben-David, Dan - C.E.P.R. Discussion Papers - 1995
This paper examines the relationship between trade and income convergence by focusing on groups of countries comprising major trade partners. The majority of these groups exhibited significant convergence. Furthermore, a comparison of the trade-based groups with different, randomly selected,...
Persistent link: https://www.econbiz.de/10005497780
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International R&D Spillovers
Coe, David T; Helpman, Elhanan - C.E.P.R. Discussion Papers - 1993
Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of … total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a … country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We …
Persistent link: https://www.econbiz.de/10005498140
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Neoclassical Growth and Commodity Trade
Cuñat, Alejandro; Maffezzoli, Marco - C.E.P.R. Discussion Papers - 2002
We construct and numerically solve a dynamic Heckscher-Ohlin model in which the initial distribution of production factors in the world makes worldwide factor price equalization impossible, and leads countries to group in two diversification cones. We study the dynamics of income per capita and...
Persistent link: https://www.econbiz.de/10005504435
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Free Trade and Long-Run Growth
Ben-David, Dan; Loewy, Michael B - C.E.P.R. Discussion Papers - 1995
What is the impact of movement towards free trade on output? Can this impact permanently affect output levels, and more importantly, will it have an impact on steady-state growth rates? This paper provides empirical evidence showing how countries have exhibited substantial increases in their...
Persistent link: https://www.econbiz.de/10005666425
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Global View of Economic Growth
Ventura, Jaume - C.E.P.R. Discussion Papers - 2005
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10005666914
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Trade Liberalization and Shadow Prices in the Presence of Tariffs and Quotas
Neary, J Peter - C.E.P.R. Discussion Papers - 1989
This paper examines the welfare effects of partial trade liberalization when trade is restricted by tariffs, quotas or some combination of both instruments. Rules for optimal first- and second-best intervention are derived and illustrated (using a new geometric technique) in both small and large...
Persistent link: https://www.econbiz.de/10005792088
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Financial Reforms and Capital Flows: Insights from General Equilibrium
Martin, Alberto; Ventura, Jaume - C.E.P.R. Discussion Papers - 2012
As a result of debt enforcement problems, many high-productivity firms in emerging economies are unable to pledge … additional resources that flow to high-productivity firms after the reforms. We show that some of these resources do not come … from abroad, but instead from domestic low-productivity firms that are driven out of business as a result of the reforms …
Persistent link: https://www.econbiz.de/10011084650