Similar Search Results

A Unified Theory of Firm Selection and Growth

Arkolakis, Costas - 2021

This paper develops a theory of firm selection and growth and embeds it into an international trade framework of … continuous arrival of new potential producers. Firms can also pay an increasing market penetration cost to sell more to a given … market. The model is consistent with a set of salient regularities of firm and exporter selection and growth, as well as the …

Persistent link: https://www.econbiz.de/10013316364

Multimarket Linkages, Cartel Discipline and Trade Costs

Agnosteva, Delina - 2018

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....

Persistent link: https://www.econbiz.de/10012926563

The Trade and Welfare Effects of Mergers in Space

Egger, Hartmut; Egger, Peter H. - 2021

channels of influence: a price increase due to the elimination of product market competition, an adjustment in plant location …

Persistent link: https://www.econbiz.de/10013316578

Optimal Taxation with Rent-Seeking

Rothschild, Casey - 2014

We develop a framework for optimal taxation when agents can earn their income both in traditional activities, where private and social products coincide, and in rent-seeking activities, where private returns exceed social returns either because they involve the capture of pre-existing rents or...

Persistent link: https://www.econbiz.de/10013043234

Shipment Frequency of Exporters and Demand Uncertainty

Békés, Gabor; Fontagné, Lionel Gérard; Murakozy, Balazs - CESifo - 2014

Firms adjust to differences in market size and demand uncertainty by changing the frequency and size of their export … data we confirm that firms adjust on both margins for market size. In a stochastic setting, firms adjust to increased …

Persistent link: https://www.econbiz.de/10010877733

Market Entry Costs, Underemployment and International Trade

Bougheas, Spiros - 2010

matching market. We analyze the implications of asymmetric market entry costs for the patterns of international trade and …

Persistent link: https://www.econbiz.de/10013135452

Trade Structure and Growth Effects of Taxation in a Two-Country World

Amano, Daisuke - 2014

This paper explores the long-run impacts of tax policy in a two-country model of endogenous growth with variable labor supply. We focus on international spillover effects of tax reforms under alternative trade structures. It is shown that if the instantaneous utility function of the...

Persistent link: https://www.econbiz.de/10013050465

Morbidity, Mortality, Health Expenditures and Annuitization

Tang, Kam Ki - 2010

In this paper we explore the implication of a morbidity risk for the relationship between longevity and annuitization. We divide old-age life into two periods with uncertain survival from the end of the first to the end of the second. We show that a rise in the survival rate causes different...

Persistent link: https://www.econbiz.de/10012759851

How Reasonable is the 'Reasonable' Royalty Rate? Damage Rules and Probabilistic Intellectual Property Rights

Choi, Jay Pil - 2021

This paper investigates how different damage rules in patent infringement cases shape competition when intellectual property rights are probabilistic. I develop a simple model of oligopolistic competition to compare two main liability doctrines that have been used in the US to assess...

Persistent link: https://www.econbiz.de/10013317488

Exports, Investment and Firm-Level Sales Volatility

Riano, Alejandro - 2011

This paper presents a dynamic model of risk-averse producers' decision to invest in physical capital and to export. The model features irreversible investment, no capital markets and fixed and sunk costs to export. Several features of the distribution of investment rates and export participation...

Persistent link: https://www.econbiz.de/10013130747

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