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Trade and Industrial Policies with Heterogeneous Firms : The Role of Country Asymmetries
Pflüger, Michael - 2010
improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …
Persistent link: https://www.econbiz.de/10013134819
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Trade, Wages, and Productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2021
firms to leave the market, thereby affecting aggregate productivity. Since wage and productivity responses are endogenous …, our model is well suited to study the impacts of trade integration on aggregate productivity and factor prices. Using … quantify the impacts of removing the Canada-U.S. border on wages, productivity, markups, the share of exporters, the mass of …
Persistent link: https://www.econbiz.de/10013324989
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Occupational Choice, Aggregate Productivity, and Trade
Meckl, Jürgen - 2011
understand the link between institutions and an economy's productivity distribution …
Persistent link: https://www.econbiz.de/10013129918
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Heterogeneous Firms, Trade, and Economic Policy:Insights from a Simple Two-Sector Model
Pflüger, Michael; Russek, Stephan - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
The robust empirical finding that exporting firms are systematically different from firms thatmerely serve domestic consumers has inspired the development of a new brand of tradetheory, the theory of heterogeneous firms and trade. The establishment of a canonical modeldue to Melitz (2003) has...
Persistent link: https://www.econbiz.de/10009522197
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Business Conditions and Default Risks Across Countries
Pflüger, Michael - 2011
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10013128748
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Heterogeneous Firms, Trade, and Economic Policy : Insights from a Simple Two-Sector Model
Pflüger, Michael - 2011
The robust empirical finding that exporting firms are systematically different from firms that merely serve domestic consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The establishment of a canonical model due to Melitz (2003) has...
Persistent link: https://www.econbiz.de/10013118266
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A Global View of Cross-Border Migration
di Giovanni, Julian - 2013
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and destinations, using a quantitative multi-sector model of the global economy calibrated to aggregate and firm-level data on 60 developed and developing countries. Our framework accounts...
Persistent link: https://www.econbiz.de/10013090780
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Intra-Industry Adjustment to Import Competition : Theory and Application to the German Clothing Industry
Raff, Horst - 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/10013155562
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Home Market Effect Versus Multinationals
Toulemonde, Eric - 2007
We develop a model with two asymmetric countries. Firms choose the number and the location of plants that they operate. The production of each firm increases when trade costs fall. The fall also induces multinationals to repatriate their production into a single country, which is likely to be...
Persistent link: https://www.econbiz.de/10012776607
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Towards a Unifying Approach of the 'New Economic Geography'
Pflüger, Michael; Suedekum, Jens - 2021
Models of the new economic geography share a number of common conclusions, but also exhibit notable differences, in particular with respect to the shape of the location pattern and the efficiency of the market equilibrium. This reflects the fact that these models rely heavily on specific...
Persistent link: https://www.econbiz.de/10013317473