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Backward integration, forward integration, and vertical foreclosure
Spiegel, Yossi - C.E.P.R. Discussion Papers - 2013
I show that partial vertical integration may either alleviates or exacerbate the concern for vertical foreclosure relative to full vertical integration and I examine its implications for consumer welfare.
Persistent link: https://www.econbiz.de/10011084209
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Wholesalers and Retailers in US Trade (Long Version)
Bernard, Andrew B.; Jensen, J Bradford; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2010
borders, this paper examines the extent to which U.S. exports and imports flow through wholesalers and retailers versus …
Persistent link: https://www.econbiz.de/10008530369
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Simultaneous Search with Heterogeneous Firms and Ex Post Competition
Gautier, Pieter A; Wolthoff, Ronald - C.E.P.R. Discussion Papers - 2007
We study a search model where workers can apply to high and or low productivity firms. Firms that compete for the same candidate can increase their wage offers as often as they like. We show that if workers apply to two jobs, there is a unique symmetric equilibrium where workers mix between...
Persistent link: https://www.econbiz.de/10005504344
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Heterogeneous Firms, Agglomeration and Economic Geography: Selection and Sorting
Baldwin, Richard; Okubo, Toshihiro - C.E.P.R. Discussion Papers - 2004
A Melitz-style model of monopolistic competition with heterogeneous firms is integrated into a simple NEG model to show that the standard assumption of identical firms is neither necessary nor innocuous. We show that re-locating to the big region is most attractive for the most productivity...
Persistent link: https://www.econbiz.de/10005498028
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Enlisting Employees in Improving Payroll-Tax Compliance: Evidence from Mexico
Frías, Judith A; Kumler, Todd; Verhoogen, Eric A - C.E.P.R. Discussion Papers - 2013
Non-compliance of firms with tax regulations is a major constraint on state capacity in developing countries. We focus on an arguably under-appreciated dimension of non-compliance: under-reporting of wages by formal firms to evade payroll taxes. We develop a simple partial-equilibrium model of...
Persistent link: https://www.econbiz.de/10011083313
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Intermediaries in International Trade: Direct versus indirect modes of export
Bernard, Andrew B.; Grazzi, Marco; Tomasi, Chiara - C.E.P.R. Discussion Papers - 2012
underlying differences between direct and intermediary exporters have important consequences for trade flows. The ability of …. Aggregate exports to destinations with high shares of indirect exports are much less responsive to changes in the real exchange … rate than are exports to countries served primarily by direct exporters. …
Persistent link: https://www.econbiz.de/10011083354
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Optimal trade policy with monopolistic competition and heterogeneous firms
Haaland, Jan I.; Venables, Anthony J - C.E.P.R. Discussion Papers - 2014
This paper derives optimal trade and domestic taxes for a small open economy containing a monopolistically competitive (MC) sector in which firms may have heterogeneous productivity levels. Domestic protection brings gains from expanding the number of product varieties on offer, but these gains...
Persistent link: https://www.econbiz.de/10011083718
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Sizing Up the Impact of Embassies on Exports
Ferguson, Shon; Forslid, Rikard - C.E.P.R. Discussion Papers - 2014
The purpose of this study is to test for the effects of trade promotion via the foreign service. We develop a Melitz-based model where firms are heterogeneous with respect to productivity and must pay a beachhead cost to enter a foreign market, which can be reduced by government spending on...
Persistent link: https://www.econbiz.de/10011083722
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Two-sided Heterogeneity and Trade
Bernard, Andrew B.; Moxnes, Andreas; Ulltveit-Moe, … - C.E.P.R. Discussion Papers - 2013
Empirical studies of firms within industries consistently report substantial heterogeneity in measures of performance such as size and productivity. This paper explores the consequences of joint heterogeneity on the supply side (sellers) and the demand side (buyers) in international trade using...
Persistent link: https://www.econbiz.de/10011084201
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Selection Effects With Heterogeneous Firms
Mrázová, Monika; Neary, J Peter - C.E.P.R. Discussion Papers - 2013
We characterize how firms select between alternative ways of serving a market. ``First-order" selection effects, whether firms enter or not, are extremely robust. "Second-order" ones, how firms serve a market conditional on entry, are less so: more efficient firms will select into the entry mode...
Persistent link: https://www.econbiz.de/10011084354