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Endogenous Mode of Competition in General Equilibrium
Neary, J Peter; Tharakan, Joe - C.E.P.R. Discussion Papers - 2006
This paper endogenises the extent of intra-sectoral competition in a multi-sectoral model of oligopoly in general equilibrium. Firms choose capacity followed by prices. If the benefits of capacity investment in a given sector are below a threshold level, the sector exhibits Bertrand behaviour,...
Persistent link: https://www.econbiz.de/10005124326
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Cross-Border Mergers as Instruments of Comparative Advantage
Neary, J Peter - C.E.P.R. Discussion Papers - 2004
international merger waves, in the process encouraging countries to specialise and trade more in accordance with comparative …
Persistent link: https://www.econbiz.de/10005661604
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Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production
Antràs, Pol - C.E.P.R. Discussion Papers - 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 also review empirical work suggestive of the empirical relevance of the …
Persistent link: https://www.econbiz.de/10009320400
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Non-homothetic preferences, parallel imports and the extensive margin of international trade
Foellmi, Reto; Hepenstrick, Christian; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2010
We study international trade in a model where consumers have non-homothetic preferences and where household income …
Persistent link: https://www.econbiz.de/10008466329
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The Economic Geography of Trade Production and Income: A Survey of Empirics
Overman, Henry G; Redding, Stephen J.; Venables, Anthony J - C.E.P.R. Discussion Papers - 2001
This Paper surveys the empirical literature on the economic geography of trade flows, factor prices, and the location of production. The discussion is structured around the empirical predictions of a canonical theoretical model. We review empirical evidence on the determinants of trade costs and...
Persistent link: https://www.econbiz.de/10005662227
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Trade, Firms, and Wages: Theory and Evidence
Amiti, Mary; Davis, Donald R - C.E.P.R. Discussion Papers - 2008
How does trade liberalization affect wages? This is the first paper to consider in theory and data how the impact of final and intermediate input tariff cuts on workers’ wages varies with the global engagement of their firm. Our model predicts that a fall in output tariffs lowers wages at...
Persistent link: https://www.econbiz.de/10005666626
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Equilibrium Locations of Vertically Linked Industries
Venables, Anthony J - C.E.P.R. Discussion Papers - 1993
This paper considers the locational choice of firms in an upstream and a downstream industry. Both industries are imperfectly competitive, with firms subject to increasing returns. There are transport costs between the two locations. Depending on the level of these costs there may be a single...
Persistent link: https://www.econbiz.de/10005791321
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Trade Liberalization, Intermediate Inputs and Productivity: Evidence from Indonesia
Amiti, Mary; Konings, Jozef - C.E.P.R. Discussion Papers - 2005
This paper estimates the effects of trade liberalization on plant productivity. In contrast to previous studies, we distinguish between productivity gains arising from lower tariffs on final goods relative to those on intermediate inputs. Lower output tariffs can produce productivity gains by...
Persistent link: https://www.econbiz.de/10005791433
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The Uruguay Round: A Global General Equilibrium Assessment
Francois, Joseph; McDonald, Brad; Nordström, Håkan - C.E.P.R. Discussion Papers - 1994
In this paper we provide an economic assessment of the Uruguay Round agreements on tariffs, textiles and clothing, and agriculture, highlighting scale economies, imperfect competition, and dynamic linkages between trade, incomes, and investment. We present estimates of the welfare effects of the...
Persistent link: https://www.econbiz.de/10005791471
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Firms in International Trade
Bernard, Andrew B.; Jensen, J Bradford; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2007
attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and … 'heterogeneous-firm' models of international trade address these challenges. We then make use of transaction-level U.S. trade data to …
Persistent link: https://www.econbiz.de/10005792355