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Multi-product firms and trade liberalization
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2006
This paper develops a general equilibrium model of multi-product firms and analyzes their behavior during trade liberalization. Firm productivity in a given product is modeled as a combination of firm-level “ability” and firmproduct- level “expertise”, both of which are stochastic and...
Persistent link: https://www.econbiz.de/10011071511
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China's pure exporter subsidies
Defever, Fabrice; Riaño, Alejandro - London School of Economics (LSE) - 2012
pattern is attributable to a wide range of subsidies that provide incentives to these “pure exporters”. We propose a … domestic market. A counterfactual analysis suggests that eliminating these subsidies would result in a welfare gain for China …
Persistent link: https://www.econbiz.de/10011071150
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Comparative advantage and heterogeneous firms
Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2004
This paper presents a model of international trade that features heterogeneous firms, relative endowment differences across countries, and consumer taste for variety. The paper demonstrates that firm reactions to trade liberalization generate endogenous Ricardian productivity responses at the...
Persistent link: https://www.econbiz.de/10010884531
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Strengthening economic linkages between Leeds and Manchester: feasibility and implications (structural model appendix)
Mion, Giordano - London School of Economics (LSE) - 2009
This technical Appendix describes the structural model used as part of the Spatial Eco- nomic Research Centre's work for the Northern Way on linkages between the Manchester and Leeds City Regions. A summary of the research, as well as a full report of the findings, can be found on the web-sites...
Persistent link: https://www.econbiz.de/10010745058
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Theories of heterogeneous firms and trade
Redding, Stephen - London School of Economics (LSE) - 2010
This paper reviews the recent theoretical literature on heterogeneous firms and trade, whichemphasizes firm selection into international markets and reallocations of resources acrossfirms. We discuss the empirical challenges that motivated this research and its relationship totraditional trade...
Persistent link: https://www.econbiz.de/10010745763
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Taxes, cigarette consumption, and smoking intensity: reply
Adda, Jérôme; Cornaglia, Francesca - London School of Economics (LSE) - 2013
This paper shows that smoking intensity, i.e. the amount of nicotine extracted per cigarette smoked, responds to changes in excise taxes and tobacco prices. We exploit NHANES data covering the period 1988 to 2006 across many US states. Moreover, using panel data from the Coronary Artery Risk...
Persistent link: https://www.econbiz.de/10011126663
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A 'new trade' theory of GATT/WTO negotiations
Ossa, Ralph - London School of Economics (LSE) - 2008
I develop a novel theory of GATT/WTO negotiations. This theory provides new answers to two prominent questions in the trade policy literature: first, what is the purpose of trade negotiations? And second, what is the role played by the fundamental GATT/WTO principles of reciprocity and...
Persistent link: https://www.econbiz.de/10010928621
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Gone for good? Subsidies with export share requirements in China: 2002-2013
Defever, Fabrice; Riaño, Alejandro - London School of Economics (LSE) - 2014
This paper presents a simple model of subsidies with export share requirements (ESR) in a heterogeneous firm … calibrated model is used to gauge the change in subsidies with ESR that is consistent with the fall in the share of ‘pure … observed fall in their share of exporting firms. Expenditure in subsidies (as a share of value-added) falls by 66% and welfare …
Persistent link: https://www.econbiz.de/10011126621
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Trade liberalization and heterogeneous firm models: an evaluation using the Canada - US Free Trade Agreement
Breinlich, Holger; Cuñat, Alejandro - London School of Economics (LSE) - 2010
We examine the qualitative and quantitative predictions of a heterogeneous firm model à la Melitz (2003) in the context of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We calibrate our model to the pre-trade liberalization stage, simulate the trade liberalization, and compute the...
Persistent link: https://www.econbiz.de/10011071519
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The roles of import competition and export opportunities for technical change
Steinwender, Claudia - London School of Economics (LSE) - 2015
A variety of empirical and theoretical trade papers have suggested and documented a positive impact of trade on the productivity of firms. However, there is less consensus about the underlying mechanism at work. While trade papers focus on access to export markets, other papers stress the...
Persistent link: https://www.econbiz.de/10011198538