Showing 1 - 10 of 120
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
-profit maximizing managers to reconcile theory with the evidence. Empirically, I find that all productivity upgrades are driven by …
Persistent link: https://www.econbiz.de/10011198538
The paper explores the determinants of industry location across interwar Poland. After more than 120 years of political and economic separation, Poland was reunified at the end of 1918. In consequence, its industry faced massive structural changes: the removal of internal tariff barriers and...
Persistent link: https://www.econbiz.de/10010744846
The aim of this study is to examine the extent to which Chinese and Indian autocomponent producers have advanced towards international best practice levels of productivity and quality. The report is based on a survey of nine car manufacturers in China and six in India; a range of general...
Persistent link: https://www.econbiz.de/10010745200
Using a detailed data set at the tariff line level, we find an emulator effect of multilateralism on subsequent regional trade agreements involving the US. We exploit the variation in the frequency with which the US has granted immediate duty free access (IDA) to its Free Trade Area partners...
Persistent link: https://www.econbiz.de/10010746153
general equilibrium’ (CGE) analysis thanks to their tight connection between theory and data, appealing micro …
Persistent link: https://www.econbiz.de/10011125983
I develop a novel theory of GATT/WTO negotiations. This theory provides new answers to two prominent questions in the … fundamental GATT/WTO principles of reciprocity and nondiscrimination? Relative to the standard terms-of-trade theory of GATT …/WTO negotiations, my theory makes two main contributions: first, it builds on a ‘new trade’ model rather than the neoclassical trade …
Persistent link: https://www.econbiz.de/10010928621
This paper presents a simple model of subsidies with export share requirements (ESR) in a heterogeneous firm environment. A two-country general equilibrium version of the model with a single 100% ESR is calibrated using firm-level data from the 2002 wave of the Business Environment and...
Persistent link: https://www.econbiz.de/10011126621
One third of Chinese exporters sell more than ninety percent of their production abroad. We argue that this distinctive pattern is attributable to a wide range of subsidies that provide incentives to these “pure exporters”. We propose a heterogeneous firm model in which firms exporting all...
Persistent link: https://www.econbiz.de/10011071150
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