Narrow search
Showing 1 - 10 of 290
Cover Image
Trade Models, Trade Elasticities, and the Gains from Trade
Simonovska, Ina; Waugh, Michael E. - National Bureau of Economic Research (NBER) - 2014
We argue that the welfare gains from trade in new models with micro-level margins exceed those in frameworks without these margins. Theoretically, we show that for fixed trade elasticity, different models predict identical trade flows, but different patterns of micro-level price variation. Thus,...
Persistent link: https://www.econbiz.de/10010951002
Cover Image
Multi-Product Firms and Product Quality
Manova, Kalina; Zhang, Zhiwei - National Bureau of Economic Research (NBER) - 2012
This paper proposes that quality differentiation is an important feature of the operations of multi-product firms. We develop a model in which manufacturers vary product quality across their product range by using inputs of different quality levels. Firms' core competency is in varieties of...
Persistent link: https://www.econbiz.de/10010951043
Cover Image
Skill Premium and Trade Puzzles: a Solution Linking Production and Preferences
Markusen, James R.; Caron, Justin; Fally, Thibault - National Bureau of Economic Research (NBER) - 2012
International trade theory is a general-equilibrium discipline, yet most of the standard portfolio of research focuses on the production side of general equilibrium. In addition, we do not have a good understanding of the relationship between characteristics of goods in production and...
Persistent link: https://www.econbiz.de/10010951389
Cover Image
Financial Development and the Choice of Trade Partners
Chan, Man Lung; Manova, Kalina - National Bureau of Economic Research (NBER) - 2013
What determines the choice of countries' trade partners? We show theoretically and empirically that financial market imperfections affect the number and identity of exporters' destinations. Bigger economies with lower trade costs are more attractive markets because they offer higher export...
Persistent link: https://www.econbiz.de/10010951412
Cover Image
Estimating Trade Flows: Trading Partners and Trading Volumes
Helpman, Elhanan; Melitz, Marc J.; Rubinstein, Yona - National Bureau of Economic Research (NBER) - 2007
We develop a simple model of international trade with heterogeneous firms that is consistent with a number of stylized features of the data. In particular, the model predicts positive as well as zero trade flows across pairs of countries, and it allows the number of exporting firms to vary...
Persistent link: https://www.econbiz.de/10005084588
Cover Image
Putting the Lid on Lobbying: Tariff Structure and Long-Term Growth when Protection is for Sale
Nunn, Nathan; Trefler, Daniel - National Bureau of Economic Research (NBER) - 2006
It has long been recognized that a country's tariffs are the endogenous outcome of a rent-seeking game whose … equilibrium reflects national institutions. Thus, the structure of tariffs across industries provides insights into how … average tariffs provided tariffs are biased towards skill-intensive industries. Second, there need not be any relationship …
Persistent link: https://www.econbiz.de/10005085091
Cover Image
Measuring the Upstreamness of Production and Trade Flows
Antras, Pol; Chor, Davin; Fally, Thibault; Hillberry, … - National Bureau of Economic Research (NBER) - 2012
We propose two distinct approaches to the measurement of industry upstreamness (or average distance from final use) and show that they yield an equivalent measure. Furthermore, we provide two additional interpretations of this measure, one of them related to the concept of forward linkages in...
Persistent link: https://www.econbiz.de/10009652870
Cover Image
Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production
Antras, Pol - National Bureau of Economic Research (NBER) - 2011
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...
Persistent link: https://www.econbiz.de/10009321289
Cover Image
Lifting the Domestic Veil: The Challenges of Exporting Differentiated Goods Across the Development Divide
Hallak, Juan Carlos; Artopoulos, Alejandro; Friel, Daniel - National Bureau of Economic Research (NBER) - 2011
Several developing countries feature weak performances as exporters of differentiated goods to developed countries. This paper builds a conceptual framework to explain the obstacles that prevent producers of differentiated products from establishing a consistent presence in the developed world...
Persistent link: https://www.econbiz.de/10009372428
Cover Image
The Empirics of Firm Heterogeneity and International Trade
Jensen, J. Bradford; Redding, Stephen James; Schott, … - National Bureau of Economic Research (NBER) - 2011
This paper reviews the empirical evidence on firm heterogeneity in international trade. A first wave of empirical findings from micro data on plants and firms proposed challenges for existing models of international trade and inspired the development of new theories emphasizing firm...
Persistent link: https://www.econbiz.de/10009372450