Showing 1 - 10 of 140
This paper uses the quantitative spatial model with heterogeneous locations linked by costly goods trade, migration and …
Persistent link: https://www.econbiz.de/10012870234
consumers has inspired the development of a new brand of tradetheory, the theory of heterogeneous firms and trade. The … bring out key lessons of this recentresearch. We address the gains from trade, country asymmetries involving … technologypotentials, market sizes, trade openness and various business conditions as well as theinternational repercussions that emerge …
Persistent link: https://www.econbiz.de/10009522197
This paper provides a simple theory of geographical mobility which simultaneously explainspeople’s choice of residences in space and the location of industry. Residences are chosenon the basis of the utility which mobile households obtain across locations...
Persistent link: https://www.econbiz.de/10005862705
We construct a model of offshoring with externalities and firm heterogeneity. Due to thepresence of externalities, temporary shocks like the Y2K problem can have permanenteffects, i.e., they can permanently raise the extent of offshoring in an industry. Also, the initialadvantage of a country as...
Persistent link: https://www.econbiz.de/10005862878
explores the links between countries' business conditions and international trade embedment and the default risk at the country … derive sharp predictions concerning how key factors which shape a country's business and trade environment impact on the …
Persistent link: https://www.econbiz.de/10013128748
Manasse and Turrini (2001) that establish the theoretical base of trade models with heterogeneous firms. Our model is …
Persistent link: https://www.econbiz.de/10013129918
We develop a general equilibrium model of international trade with heterogeneous firms, where countries can invest into … advantage in trade. Countries tend to over-invest due to this strategic motive. There are thus welfare gains from coordinating …
Persistent link: https://www.econbiz.de/10013131927
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our … analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which …, symmetric trade liberalization is immiserizing for a trading partner whose business conditions are inferior. Third, there are …
Persistent link: https://www.econbiz.de/10013134819
We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...
Persistent link: https://www.econbiz.de/10013136032
consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The … framework to bring out key lessons of this recent research. We address the gains from trade, country asymmetries involving … technology potentials, market sizes, trade openness and various business conditions as well as the international repercussions …
Persistent link: https://www.econbiz.de/10013118266