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Trade liberalization, input intermediaries and firm productivity : evidence from China
Defever, Fabrice; Imbruno, Michele; Kneller, Richard - 2019
We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … firms experience productivity gains from reducing input tariffs if trade intermediation of foreign inputs within their …
Persistent link: https://www.econbiz.de/10012138753
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Innovation and trade with heterogeneous firms
Long, Ngo Van; Raff, Horst; Stähler, Frank - 2009
industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms … expected industry productivity. The central results of the paper regarding firm and industry level R&D spending differ … significantly from the case of homogeneous firms. -- international trade ; firm heterogeneity ; R&D ; productivity ; market …
Persistent link: https://www.econbiz.de/10003887426
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The impact of trade liberalization on industrial productivity
Segerstrom, Paul Stephen; Sugita, Yoichi - 2013 - First version: June 22, 2012, Current version: June 28, 2013
Trefler (2004, AER) and others that industrial productivity increases more strongly in liberalized industries than in non … productivity increases more strongly in non-liberalized industries than in liberalized industries. …
Persistent link: https://www.econbiz.de/10009786088
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Betting on exports : trade and endogenous heterogeneity
Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2015 - This draft: October 2015
their productivity draws at the entry stage and explore the implications in closed and open economy. By allowing firms to … productivity with a shape parameter that depends on industry-level characteristics. A novel result is that export opportunities, by …
Persistent link: https://www.econbiz.de/10011384472
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International trade with heterogeneous firms : theory and evidence
Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2021
International trade is dominated by a small number of very large firms. Models of trade with heterogeneous firms have been developed to study the causes and consequences of this observation. The canonical model of trade with heterogeneous firms shows that trade leads to between-firm...
Persistent link: https://www.econbiz.de/10012669016
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Intersectoral markup divergence
Behrens, Kristian; Kichko, Sergey; Ushchev, Philip - 2018
We develop a general equilibrium model of monopolistic competition with a traded and a non-traded sector. Using a broad class of homothetic preferences - that generate variable markups, display a simple behavior of their elasticity of substitution, and nest the ces as a limiting case - we show...
Persistent link: https://www.econbiz.de/10011814939
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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
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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
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Limited consumer attention in international trade
Egger, Hartmut; Falkinger, Josef - 2013
This paper introduces a model of limited consumer attention into an otherwise standard new trade theory model with love-of-variety preferences and heterogeneous firms. In this setting, we show that trade liberalization needs not be welfare enhancing if the consumers' capacity to gather and...
Persistent link: https://www.econbiz.de/10009722394
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Import liberalization as export destruction? : evidence from the United States
Breinlich, Holger; Leromain, Elsa; Novy, Dennis; … - 2022
How does import protection affect export performance? In trade models with scale economies, import liberalization can reduce industry-level exports by cutting domestic production. We show that this export destruction mechanism reduced US export growth following the permanent normalization of...
Persistent link: https://www.econbiz.de/10012817913