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The arrival of cheap goods: Measuring the impact of Chinese import competition on Nordic prices

Auer, Raphael; Fischer, Andreas M; Kropf, Andreas - C.E.P.R. Discussion Papers - 2011

What is the impact of Chinese import competition on Nordic producer prices? In a panel covering 23 (2 digit) NACE manufacturing sectors from 1995 to 2008, instrumental variable estimations predict that when Chinese imports capture a 1% increase in market share, Nordic producer prices decrease by...

Persistent link: https://www.econbiz.de/10009275961

Outsourcing in a Global Economy

Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 2002

We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner and relationship-specific investments that are governed by incomplete contracts. The extent of...

Persistent link: https://www.econbiz.de/10005666820

Economic Geography, Comparative Advantage and Trade Within Industries: Evidence from the OECD

Greenaway, David - C.E.P.R. Discussion Papers - 1998

A large share of world trade, especially among the OECD countries, is two-way trade within industries, so-called intra-industry trade (IIT). Despite this, few attempts have been made to examine why countries export some products within industries, whereas they import others. We examine this...

Persistent link: https://www.econbiz.de/10005791255

Globalization, Roundaboutness and Relative Wages

Francois, Joseph; Grier, Kevin Blaine; Nelson, Douglas - C.E.P.R. Discussion Papers - 2004

identify a formal relationship between international trade, productivity, and wages. We then examine the trivariate … relationship between trade, growth in total factor productivity (TFP), and the skill premium in a vector autoregression framework …

Persistent link: https://www.econbiz.de/10005791536

The Geography of Intra-Industry Trade: Empirics

Rice, Patricia; Stewart, Martin; Venables, Anthony J - C.E.P.R. Discussion Papers - 2002

This Paper uses bilateral trade data for OECD countries at the 3-digit industry level to investigate the geography of intra-industry trade (IIT). IIT diminishes with distance and much of the existing empirical literature suggests that this is an inherent characteristic of such trade, arguing...

Persistent link: https://www.econbiz.de/10005791742

Reciprocal Dumping with Bertrand Competition

Friberg, Richard; Ganslandt, Mattias - C.E.P.R. Discussion Papers - 2005

This paper examines if international trade can reduce total welfare in an international oligopoly with differentiated goods. We show that welfare is a U-shaped function in the transport cost as long as trade occurs in equilibrium. With a Cournot duopoly trade can reduce welfare compared to...

Persistent link: https://www.econbiz.de/10005792025

Quality Assurance and the Home Market Effect

Goh, Ai Ting; Michalski, Tomasz - C.E.P.R. Discussion Papers - 2008

The home market effect is considered as a distinguishing feature of models of trade with increasing returns to scale in production and imperfect competition. However, some empirical studies found the existence of home market effect even in constant returns to scale industries. In this paper we...

Persistent link: https://www.econbiz.de/10005792275

The Theory of Endowment, Intra-Industry and Multinational Trade

Markusen, James R.; Venables, Anthony J - C.E.P.R. Discussion Papers - 1996

We consider a trade model combining a 2x2x2 Heckscher-Ohlin structure, monopolistic competition, transport costs and multinational corporations. We demonstrate how the mix of national and multinational firms that operate in equilibrium depends on technology and on the division of the world...

Persistent link: https://www.econbiz.de/10005792524

Bottled Water - A Case of Pointless Trade?

Friberg, Richard; Ganslandt, Mattias - C.E.P.R. Discussion Papers - 2003

Two-way trade in (almost) homogenous products has ambiguous welfare effects if entry is restricted. We examine Swedish imports of bottled water to investigate whether transport cost losses from trade outweigh the partial equilibrium gains from trade (stronger competition and more brands to...

Persistent link: https://www.econbiz.de/10005123690

The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity

Melitz, Marc J - C.E.P.R. Discussion Papers - 2002

firm framework. The Paper also shows how the aggregate industry productivity growth generated by the reallocations …, the Paper provides an extension of Krugman’s (1980) trade model that incorporates firm level productivity differences …. Firms with different productivity levels coexist in an industry because each firm faces initial uncertainty concerning its …

Persistent link: https://www.econbiz.de/10005124269

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