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Grossman, Gene M.; Shapiro, Carl - 2021

We analyze a two-country model of trade in both legitimate and counterfeit products. Domestic firms own trademarks and establish reputations for delivering high-quality products in a steady-state equilibrium. Foreign suppliers export legitimate low-quality merchandise and counterfeits of...

Persistent link: https://www.econbiz.de/10013215713

Some Simple Analytics of Trade and Labor Mobility

Chaudhuri, Shubham - 2007

We study a simple, tractable model of labor adjustment in a trade model that allows us to analyze the economy's dynamic response to trade liberalization. Since it is a neoclassical market-clearing model, we can use duality techniques to study the equilibrium, and despite its simplicity a rich...

Persistent link: https://www.econbiz.de/10012775867

Trade Shocks and Labor Adjustment : Theory

Cameron, Stephen V. - 2007

We construct a dynamic, stochastic rational expectations model of labor reallocation within a trade model that is designed so that its key parameters can be estimated for trade policy analysis. A key feature is the presence of time-varying idiosyncratic moving costs faced by workers. As a...

Persistent link: https://www.econbiz.de/10012775868

Trade and Trade Policy with Differentiated Products : A Chamberlinian-Ricardian Model: A Comment

Demidova, Svetlana A. - 2007

This paper shows that the results of Venables (1987) depend critically on the assumption that there are no fixed costs of trade. The introduction of fixed costs of exporting, while making the model more consistent with the empirical evidence, leads to the opposite conclusion that technological...

Persistent link: https://www.econbiz.de/10012777452

The Political Economy of Trade and International Labor Mobility

Galiani, Sebastian - 2015

We explore the political economy of trade and migration policies in several models of international trade. We show that in a Ricardian world, free trade and no international labor mobility is a Nash equilibrium outcome, but free trade and free international labor mobility is not. The result...

Persistent link: https://www.econbiz.de/10013021016

"New" Trade Theory and Policy a Decade Old : Assessment in a Pacific Context

Richardson, John David - 2021

This paper characterizes and evaluates what has been called variously the new, new-view, strategic or industrial organization approach to international trade and trade policy. This approach analyzes trade in strategic environments,' those in which small numbers of large, self-consciously...

Persistent link: https://www.econbiz.de/10013219192

Taking Trade Policy Seriously : Export Subsidization as a Case Study in Policy Effectiveness

Rodrik, Dani - 2021

In thinking about policy, academic economists alternate between theoretical models in which governments can design finely-tuned optimal interventions and practical considerations which usually assume the government to be incompetent and hostage to special interests. I argue in this paper that...

Persistent link: https://www.econbiz.de/10013222055

Bringing GATT into the Core

Kowalczyk, Carsten; Sjöström, Tomas - 2021

Persistent link: https://www.econbiz.de/10013227885

International Trade, Foreign Investment, and the Formation of the Entrepreneurial Class

Grossman, Gene M. - 2021

In this paper, I examine the argument that free trade may be harmful to less developed countries, because such international competition inhibits the formation of a local entrepreneurial class.I view the entrepreneur as the manager of the industrial enterprise, as well as the agent who bears the...

Persistent link: https://www.econbiz.de/10013239391

Competition Policy and International Trade

Levinsohn, James Alan - 2021

-trust) policy and international trade. While recent advances in international trade theory have borrowed heavily from the industrial … organization literature, this work has a schizophrenic quality to it. One of the insights that motivated the new trade theory was … competition between firms. While trade theorists have borrowed heavily from the theory of industrial organization, they seem to …

Persistent link: https://www.econbiz.de/10013249155