Similar Search Results

A Theory of Economic Coercion and Fragmentation

Clayton, Christopher; Maggiori, Matteo; Schreger, Jesse - National Bureau of Economic Research - 2024

Hegemonic powers, like the United States and China, exert influence on other countries by threatening the suspension or alteration of financial and trade relationships. Mechanisms that generate gains from integration, such as external economies of scale and specialization, also increase the...

Persistent link: https://www.econbiz.de/10015171710

Lessons from U.S.-China Trade Relations

Caliendo, Lorenzo; Parro, Fernando - National Bureau of Economic Research - 2022

We review theoretical and empirical work on the economic effects of the United States and China trade relations during the last decades. We first discuss the origins of the China shock, its measurement, and present methods used to study its economic effects on different outcomes. We then focus...

Persistent link: https://www.econbiz.de/10013361989

Bilateral Economies of Scope

Li, Yao; Xu, Sichuang; Yeaple, Stephen R.; Zhao, Tengyu - National Bureau of Economic Research - 2024

International transactions are costly because they require investments in logistics, contracts, and the acquisition of local institutional knowledge. We posit that a portion of the fixed costs of entering a specific export market can be used toward costs of acquiring imports from that same...

Persistent link: https://www.econbiz.de/10015056127

Dynamic Models, New Gains from Trade?

Boehm, Christoph E.; Levchenko, Andrei A.; … - National Bureau of Economic Research - 2024

Yes. We state closed-form expressions for steady state gains from trade that apply in a class of dynamic trade models that includes dynamic versions of the Krugman (1980), Melitz (2003), and customer capital (e.g., Arkolakis, 2010) models. The gains are a function of the domestic trade share and...

Persistent link: https://www.econbiz.de/10014576594

Putting Economics Back Into Geoeconomics

Clayton, Christopher; Maggiori, Matteo; Schreger, Jesse - National Bureau of Economic Research - 2025

Geoeconomics is the use of a country's economic strength to exert influence on foreign entities to achieve geopolitical or economic goals. We discuss how concepts of power in the political science and economics literature can be used to guide research on geoeconomics. Economic threats as a form...

Persistent link: https://www.econbiz.de/10015398133

Accounting for the Evolution of China's Production and Trade Patterns

Huang, Hanwei; Ju, Jiandong; Yue, Vivian Z. - National Bureau of Economic Research - 2024

that capital deepening made China's production and exports more capital-intensive, although labor-biased productivity …

Persistent link: https://www.econbiz.de/10014544694

Superstars or Supervillains?$bLarge Firms in the South Korean Growth Miracle

Choi, Jaedo; Levchenko, Andrei A.; Ruzic, Dimitrije; … - National Bureau of Economic Research - 2024

consequences of changing firm concentration: productivity, distortions, selection into exporting, scale economies, and … firms is attributable to higher productivity growth rather than differential distortions. Exceptional performance of the top …

Persistent link: https://www.econbiz.de/10014635611

Trade Integration, Industry Reallocation, and Welfare in Colombia

Alessandria, George A.; Avila-Montealegre, Oscar I. - National Bureau of Economic Research - 2023

We study empirically and theoretically the dynamic effects of the unilateral reduction in import tariffs undertaken by Colombia from 1989-1993, with a particular emphasis on the transition and including any anticipation effects. We develop an asymmetric two-country, multi-sector heterogeneous...

Persistent link: https://www.econbiz.de/10014322766

The Linear Algebra of Economic Geography Models

Kleinman, Benny; Liu, Ernest; Redding, Stephen - National Bureau of Economic Research - 2023

We provide sufficient statistics for nominal and real wage exposure to productivity shocks in a constant elasticity … wages in each location with respect to productivity shocks in all locations. They are readily computed using commonly … provide theory-consistent measures of locations' exposure to productivity shocks for use in further economic and statistical …

Persistent link: https://www.econbiz.de/10014322852

Market Size, Trade, and Productivity

Melitz, Marc J. - 2005

We develop a monopolistically competitive model of trade with firm heterogeneity - in terms of productivity differences … productivity of competing firms. We analyze how these features vary across markets of different size that are not perfectly … in that market. Aggregate productivity and average markups thus respond to both the size of a market and the extent of …

Persistent link: https://www.econbiz.de/10012467289