endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient … Canada-U.S. interregional trade data, we first estimate a system of theory-based gravity equations under the general …

The effects of competition on growth are analyzed in the recent literature by comparing economies with the same market … competition – la Dixit- Stiglitz the effect of substitutability on the allocation of resources is independent of the associated … change in competition. Higher substitutability increases welfare, output and productivity because resources shift towards the …

This paper uses a two country trade and geography model of monopolistic competition to study the effects of wage …

present a general equilibrium model of monopolistic competition with two (potentially) asymmetric countries and heterogeneous …

consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The … and policy instruments. This paper uses a simple tractable two-sector model of monopolistic competition as unifying …

this purpose a two-country model with imperfect competition in goods and labor markets and perfect competition in capital … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore …

labour markets. We develop a model of dynamic efficiency wages and monopolistic competition. Whereas most of the literature … points toward the gains associated to an increase in product market competition coupled with an increased flexibility of the … labour market, we show that even when more product market competition is the policy recommendation, it should be accompanied …

In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are …