Showing 1 - 10 of 87
changes in non-price factors (quality in a broad sense) for a set of nine large emerging economies (Argentina, Brazil, Chile …
Persistent link: https://www.econbiz.de/10010571564
This paper highlights the crucial role played by international access to intermediate inputs to explain firm-level performance, via two channels simultaneously: trade and FDI. We develop a simple theoretical model showing that trade integration of input market entails an efficiency improvement...
Persistent link: https://www.econbiz.de/10011220347
Trade policy has well documented effects on trade volumes. Reaching beyond volumes, I explore the impact of European emerging economies’ recent institutional trade liberalisation on extensive (i.e., the set of imported goods) versus intensive import margins (volumes per imported good) with...
Persistent link: https://www.econbiz.de/10008495510
Since the pioneering work of Krugman (1980) economists try to quantify the welfare gains from an increase in traded variety. The seminal work of Feenstra (1994) and its application to the U.S. of Broda and Weinstein (2006) allowed this quantification for the first time using highly disaggregated...
Persistent link: https://www.econbiz.de/10005004237
We investigate the effects of human capital accumulation on trade and productivity by integrating a micro …
Persistent link: https://www.econbiz.de/10011196790
There are two main options for companies to serve foreign markets; exports and foreign direct investment (FDI). Based …
Persistent link: https://www.econbiz.de/10005146596
In a two-country general oligopolistic equilibrium model, I study how cross-sector strategic trade policy affects wages, countrywide profits, and welfare. Firms face resource constraints and wages are simultaneously determined. Relative to free trade, cross-sector protectionism generates a...
Persistent link: https://www.econbiz.de/10010856776
One third of Chinese exporters sell more than ninety percent of their production abroad. We argue that this distinctive pattern is attributable to the widespread use of subsidies that require firms to export the vast majority of their output. We study this type of subsidy in the context of a...
Persistent link: https://www.econbiz.de/10010856787
autarky to free trade promotes innovation and productivity growth in those sectors which are initially less competitive … productivity divergence: firms that are located in industries with greater exposure to foreign trade, invest a greater amount in R …&D contributing to industry productivity growth. Finally the paper outlines the importance of reallocation effects within industry and …
Persistent link: https://www.econbiz.de/10010856788
We develop a two-factor, two-sector trade model of monopolistic competition with variable elasticity of substitution. Firm profit and firm size may increase or decrease with market integration depending on the degree of asymmetry between countries. The country in which capital is relatively...
Persistent link: https://www.econbiz.de/10010856801