Showing 1 - 10 of 12
A fundamental question in monopolistic competition theory is whether the market allocates resources efficiently. This paper generalizes the Spence-Dixit-Stiglitz framework to heterogeneous firms, addressing when the market provides optimal quantities, variety and productivity. Under constant...
Persistent link: https://www.econbiz.de/10009651299
This paper analyses some of the forces that are changing the spatial distribution of activity in the world economy. It draws on the 'new economic geography' literature to argue the importance of increasing returns to scale and cumulative causation processes in shaping the productivity and...
Persistent link: https://www.econbiz.de/10005797263
export decisions. We imbed the firmfs credit constraints into a Melitz-type general-equilibrium model by endogenizing the … probability of the success of firm-specific projects. We show that, all else equal, it is easier for firms to enter the export …
Persistent link: https://www.econbiz.de/10008495558
This paper examines the repercussion effects on the production cost of industries in Asian countries when some countries eliminate tariffs and import commodity taxes on all imports. This kind of analysis is related in some sense to that measuring the effects of FTAs on economies, and thus may be...
Persistent link: https://www.econbiz.de/10008466000
We survey the micro and macro literature on the impact of Information and Communication Technologies (ICTs) on productivity. The "Solow Paradox" of the absence of an impact of ICT on productivity no longer holds, if it ever did. Both growth accounting and econometric evidence suggest an...
Persistent link: https://www.econbiz.de/10005510438
This paper reviews the new approach to international trade based on firm heterogeneity in differentiated product markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity of exporters relative to non-exporters, within-industry...
Persistent link: https://www.econbiz.de/10010599240
multi-product firms, offshoring, intra-firm trade and firm export market dynamics. …
Persistent link: https://www.econbiz.de/10009352260
to export markets, other papers stress the importance of import competition. Since imports and exports (and even tariffs … conducts a "horse race" between export opportunities and import competition. Using Spanish firm level data, instrumenting for … exports and imports with tariff changes and controlling for selection, I find robust evidence that access to export markets …
Persistent link: https://www.econbiz.de/10011186299
The difficulty in finding the substitution effects on exports of foreign direct investment has posed challenges to empirical analysts. In analysing newly-constructed product-level data that enable endogeneity and aggregation bias to be addressed simultaneously, this study finds that auto part...
Persistent link: https://www.econbiz.de/10009651265
certain circumstances. Focusing on the industry-specific sensitivity of export quantities to exchange rates in the context of …, and North America. The results confirm that export sensitivity to exchange rates declines as the extent of IIT increases …
Persistent link: https://www.econbiz.de/10005783973