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This article theoretically and empirically tests the link between financial constraints and the extensive (proportion of exporters) and intensive (volume of exports) margins of international trade. The article's main contribution is its macroeconomic analysis of this relationship, which is...
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MIRAGE is a multi-region, multi-sector computable general equilibrium model, devoted to trade policy analysis. It incorporates imperfect competition, product differentiation by variety and by quality, and foreign direct investment, in a sequential dynamic set-up where installed capital is...
Persistent link: https://www.econbiz.de/10011072152
Obstacle historique au libre-échange, le protectionnisme est l'ensemble des mesures d'origine étatique qui consistent à limiter, à interdire, à contrôler ou à influencer les échanges internationaux. Il résulte par conséquent d'une contrainte publique interférant avec les processus...
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Dans leurs relations bilatérales, les pays industriels font fréquemment usage d'instruments non tarifaires, discriminatoires et très ciblés sur certains secteurs ou certaines entreprises comme les accords d'autolimitation volontaires, les accords d'importations volontaires, les subventions,...
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We develop a geographic growth model where nominal wages are allowed to diverge between the two considered countries. Removing the standard assumption entailing that both countries always own a traditional sector, we argue that, as trade gets freer, the traditional sector of one country might...
Persistent link: https://www.econbiz.de/10010708561
This paper develops an intra-industry model of trade with heterogeneous firms to investigate the impact of trade on the evolution of within firm productivity. The main contribution is to incorporate endogenous labor productivity gains. Heterogeneous firms have different incentives to invest in...
Persistent link: https://www.econbiz.de/10010707509