Narrow search
Showing 1 - 10 of 393
Cover Image
Income inequality and export prices across countries
Flach, Lisandra; Janeba, Eckhard - 2013
This paper provides first firm-level evidence of the links between income inequality and the patterns of trade and export prices. We identify a theoretical mechanism behind these links, which suggests that a more unequal income distribution leads to higher average prices. We test the theory...
Persistent link: https://www.econbiz.de/10009764401
Cover Image
Markups, quality, and trade costs
Chen, Natalie; Juvenal, Luciana - 2019
We investigate theoretically and empirically how exporters adjust their markups across destinations depending on … unit, our model predicts that markups rise with distance and fall with tariffs, but these effects are heterogeneous and are …
Persistent link: https://www.econbiz.de/10012157845
Cover Image
Trade credit and markups
García Marín, Alvaro; Justel, Santiago; … - 2019
sellers charge markups over production costs and financial intermediation is costly, then buyer-seller pairs can save on their … overall financing costs by utilizing trade credit. We derive a model of trade credit and markups that captures this mechanism … this effect is stronger for complex products. Using Chilean data at the firm-level to estimate markups and at the trade …
Persistent link: https://www.econbiz.de/10011996421
Cover Image
Disentangling frictions across the world : markups versus trade costs
Heid, Benedikt; Stähler, Frank - 2024
markups over time. With minimal assumptions, we can disentangle aggregate markup and trade cost changes from observed changes … that across all country pairs, on average, bilateral aggregate markups have increased by 2.8% per year. As bilateral trade … changes. Markups have increased less in high-income countries than in other countries. …
Persistent link: https://www.econbiz.de/10015081337
Cover Image
Inefficient lock-in and subsidy competition
Borck, Rainald; Koh, Hyun-Ju; Pflüger, Michael - 2009
This paper shows that subsidy competition may be efficiency enhancing. We model a subsidy game among two asymmetric regions in a new trade model, where capital can freely move among regions, but capital rewards are repatriated. We study subsidy competition, starting from an equilibrium where the...
Persistent link: https://www.econbiz.de/10003820639
Cover Image
Innovation and trade with heterogeneous firms
Long, Ngo Van; Raff, Horst; Stähler, Frank - 2009
This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms and endogenous R&D. Among the robust results that hold...
Persistent link: https://www.econbiz.de/10003887426
Cover Image
Worker-specific effects of globalisation
Egger, Hartmut; Kreickemeier, Udo - 2009
This paper sets up a general equilibrium model, in which firms are heterogeneous due to productivity differences and workers have fairness preferences and hence provide full effort only if their factor return is sufficiently high. With the wage considered to be fair by workers depending on the...
Persistent link: https://www.econbiz.de/10003897284
Cover Image
Intra-industry adjustment to import competition : theory and application to the German clothing industry
Raff, Horst; Wagner, Joachim - 2009
face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …
Persistent link: https://www.econbiz.de/10003898866
Cover Image
Buyer power in international markets
Raff, Horst; Schmitt, Nicolas - 2009
This paper investigates the implications for international markets of the existence of retailers/wholesalers with market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail market concentration. Due to this concentration retail prices...
Persistent link: https://www.econbiz.de/10003872802
Cover Image
Market access through bound tariffs
Sala, Davide; Schröder, Philipp J. H.; Yalçin, Erdal - 2009
WTO negotiations deal predominantly with bound - besides applied - tariff rates. But, how can reductions in tariffs ceilings, i.e. tariff rates that no exporter may ever actually be confronted with, generate market access? The answer to this question relates to the effects of tariff bindings on...
Persistent link: https://www.econbiz.de/10003910492