Showing 1 - 10 of 413
This paper proposes that quality differentiation is an important feature of the operations of multi-product firms. We develop a model in which manufacturers vary product quality across their product range by using inputs of different quality levels. Firms' core competency is in varieties of...
Persistent link: https://www.econbiz.de/10010951043
We develop a simple model of international trade with heterogeneous firms that is consistent with a number of stylized …
Persistent link: https://www.econbiz.de/10005084588
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 also review empirical work suggestive of the empirical relevance of the …
Persistent link: https://www.econbiz.de/10009321289
This paper reviews the empirical evidence on firm heterogeneity in international trade. A first wave of empirical … findings from micro data on plants and firms proposed challenges for existing models of international trade and inspired the …
Persistent link: https://www.econbiz.de/10009372450
This paper argues that the theoretical foundations for the gravity equation are general, while the empirical performance of the gravity equation is specific to the type of goods examined. Most existing theory for the gravity equation depends on the assumption of differentiated goods. We show...
Persistent link: https://www.econbiz.de/10005720108
We develop a model of international trade with export quality requirements and two dimensions of firm heterogeneity. In …
Persistent link: https://www.econbiz.de/10005000614
We explore the implications of models with increasing returns, endogenous variety and firm-level heterogeneity for the quantification of the gains from trade. We first focus on the impact of trade liberalization on imported variety by analyzing the experience of Costa Rica from 1986 to 1992. We...
Persistent link: https://www.econbiz.de/10005089136
This paper establishes six stylized facts about firms' export prices using detailed customs data on the universe of Chinese trade flows. First, across firms selling a given product, exporters that charge higher prices earn greater revenues in each destination, have bigger worldwide sales, and...
Persistent link: https://www.econbiz.de/10005027084
This paper reviews the new approach to international trade based on firm heterogeneity in differentiated product …
Persistent link: https://www.econbiz.de/10010796659
the demand side (buyers) in international trade using a novel transaction-level dataset from Norway. Domestic exporters as …
Persistent link: https://www.econbiz.de/10010774296