-intensive sectors, when countries differ in terms of market size. The cases of partial and total relocation via foreign direct … is high, with a pronounced market asymmetry the probability of firms not relocating abroad is high even in the long …

known as the "home market effect". We first show that this prediction does not generally carry through to the multi …. -- Comparative Advantage ; Home Market Effect ; Hub Effect ; International Trade ; Monopolistic Competition ; Multi-country Models …

profitable for colluding firms to adopt a pricing strategy such that some variants are withdrawn from the market. Under pruning …, these firms commercialize a fighting brand only when facing competitors in a low-end market. The same findings do not hold …

increases aggregate productivity because high-efficiency firms expand through exporting and low-efficiency firms exit the market … the theory to analyze whether a reduction in trade costs increases the probability of becoming an exporter relatively more …

market shares and welfare. Partial cartels operating in a sufficiently large segment lose market share and the industry …-wide cartel prefers to maintain market shares at pre-collusive levels. The impact on consumer and social welfare critically …

We propose a theory of how market power affects wage inequality. We ask how goods and labor market power jointly affect … and 2016 to estimate the parameters of labor supply, technology and the market structure. We find that a less competitive … market structure lowers the wage level, contributes 7% to the rise in the Skill Premium and accounts for half of the increase …