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Heterogeneous workers, trade, and migration

Heiland, Inga; Kohler, Wilhelm - 2013

We argue that the narrative of variety-induced gains from trade in differentiated goods needs revision. If producing differentiated varieties of a good requires differentiated skills and if the work force is heterogeneous in these skills, then firms are likely to have monopsony power. We show...

Persistent link: https://www.econbiz.de/10009792205

Heterogeneous workers, trade, and migration

Heiland, Inga; Kohler, Wilhelm - 2018

We develop a model that combines monopolistic competition on goods markets with skill-type heterogeneity on the labor market to analyze the effects of trade and migration on welfare and inequality. Skill-type heterogeneity and partial specificity to firms' endogenously chosen skill requirements...

Persistent link: https://www.econbiz.de/10011931872

Technology, market structure and the gains from trade

Impullitti, Giammario; Licandro, Omar; Rendahl, Pontus - 2017

We study the gains from trade in an economy with oligopolistic competition, firm heterogeneity, and innovation …. In addition to markups, selection and innovation provide additional channels through which the trade-induced effect on … channels; we find that innovation plays a small but non-negligible role, while the main component is equally split between the …

Persistent link: https://www.econbiz.de/10011750054

Technology, market structure and the gains from trade

Impullitti, Giammario; Licandro, Omar; Rendahl, Pontus - 2021

We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and … concentration contributes substantially to the gains from trade, mostly via its stimulating effect on innovation. Sizeable gains …

Persistent link: https://www.econbiz.de/10012507344