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Trade Models, Trade Elasticities, and the Gains from Trade
Simonovska, Ina; Waugh, Michael E. - National Bureau of Economic Research (NBER) - 2014
We argue that the welfare gains from trade in new models with micro-level margins exceed those in frameworks without these margins. Theoretically, we show that for fixed trade elasticity, different models predict identical trade flows, but different patterns of micro-level price variation. Thus,...
Persistent link: https://www.econbiz.de/10010951002
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Multi-Product Firms and Product Quality
Manova, Kalina; Zhang, Zhiwei - National Bureau of Economic Research (NBER) - 2012
skewed towards their core expensive goods in destinations where they offer less items. Finally, export prices are positively …
Persistent link: https://www.econbiz.de/10010951043
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Skill Premium and Trade Puzzles: a Solution Linking Production and Preferences
Markusen, James R.; Caron, Justin; Fally, Thibault - National Bureau of Economic Research (NBER) - 2012
International trade theory is a general-equilibrium discipline, yet most of the standard portfolio of research focuses on the production side of general equilibrium. In addition, we do not have a good understanding of the relationship between characteristics of goods in production and...
Persistent link: https://www.econbiz.de/10010951389
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Financial Development and the Choice of Trade Partners
Chan, Man Lung; Manova, Kalina - National Bureau of Economic Research (NBER) - 2013
markets because they offer higher export profits. This generates a pecking order of destinations such that firms serve all … heavily on the financial system. Our results provide new, systematic evidence that countries follow a hierarchy of export …
Persistent link: https://www.econbiz.de/10010951412
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Estimating Trade Flows: Trading Partners and Trading Volumes
Helpman, Elhanan; Melitz, Marc J.; Rubinstein, Yona - National Bureau of Economic Research (NBER) - 2007
the self-selection of firms into export markets and their impact on trade volumes. We then develop a two-stage estimation …
Persistent link: https://www.econbiz.de/10005084588
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Putting the Lid on Lobbying: Tariff Structure and Long-Term Growth when Protection is for Sale
Nunn, Nathan; Trefler, Daniel - National Bureau of Economic Research (NBER) - 2006
It has long been recognized that a country's tariffs are the endogenous outcome of a rent-seeking game whose equilibrium reflects national institutions. Thus, the structure of tariffs across industries provides insights into how institutions, as reflected in tariff policies, affect long-term...
Persistent link: https://www.econbiz.de/10005085091
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Measuring the Upstreamness of Production and Trade Flows
Antras, Pol; Chor, Davin; Fally, Thibault; Hillberry, … - National Bureau of Economic Research (NBER) - 2012
We propose two distinct approaches to the measurement of industry upstreamness (or average distance from final use) and show that they yield an equivalent measure. Furthermore, we provide two additional interpretations of this measure, one of them related to the concept of forward linkages in...
Persistent link: https://www.econbiz.de/10009652870
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Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production
Antras, Pol - National Bureau of Economic Research (NBER) - 2011
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...
Persistent link: https://www.econbiz.de/10009321289
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Lifting the Domestic Veil: The Challenges of Exporting Differentiated Goods Across the Development Divide
Hallak, Juan Carlos; Artopoulos, Alejandro; Friel, Daniel - National Bureau of Economic Research (NBER) - 2011
our framework based on case studies of export emergence in four Argentine industries: motorboats, television programs … firms to export often do not succeed because they approach foreign markets the same way that they approach the domestic one … differences in consumption patterns and business practices in developed countries. In three of the sectors we study, an export …
Persistent link: https://www.econbiz.de/10009372428
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The Empirics of Firm Heterogeneity and International Trade
Jensen, J. Bradford; Redding, Stephen James; Schott, … - National Bureau of Economic Research (NBER) - 2011
multi-product firms, offshoring, intra-firm trade and firm export market dynamics. …
Persistent link: https://www.econbiz.de/10009372450