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Perceptions of international trade barriers are important in the decision of firms to export.This study makes an …
Persistent link: https://www.econbiz.de/10011257975
This paper develops a quantitative, multi-country model of endogenous growth, international trade, and international … about and applying research previously conducted abroad. The effect of trade barriers on the level and dispersion of income … across countries is found to be larger than would be predicted by a static trade model, and the effect of access to …
Persistent link: https://www.econbiz.de/10010775239
In this paper, I empirically examine the non-monotonic relationship between openness and within-group wage inequality predicted by  Helpman et al. (2010) using a panel data for the US, 1983–2005. Within-group wage inequality is measured for each industry and matched with exports. It can be...
Persistent link: https://www.econbiz.de/10011041756
challenge the view that greater openness to trade automatically leads to improved firm entry institutions. My model enables … calculating business entry impediments whereas lobbying game produces structural estimates of the counterfactual levels of trade … extensive margin and asymmetries in technology and trade costs. Importantly, the model demonstrates that startling differences …
Persistent link: https://www.econbiz.de/10010886832
tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a) productivity gains via exports … that the incentive to manipulate the terms of trade strategically vanishes, (c) the welfare gain that can be achieved via a … trade-induced productivity gains into account. The USA are the only model region that gains from European optimal tariff …
Persistent link: https://www.econbiz.de/10010985698
This Paper builds a multi-country, multi-sector general equilibrium model that explains the decision of heterogeneous firms to serve foreign markets either through exports or local subsidiary sales (FDI). These modes of market access involve different relative costs, some of which are sunk while...
Persistent link: https://www.econbiz.de/10005791827
will be net exporters in scale-intensive industries. The hypotheses are empirically tested by studying the trade of each …
Persistent link: https://www.econbiz.de/10005792049
domestic profits for a large sample of U.S. manufacturing industries. In our model, trade barriers alter the ability of … domestic market structure to influence domestic performance. The results indicate that trade flows behave as expected in …
Persistent link: https://www.econbiz.de/10005466818
There are two principal theories of why countries trade: comparative advantage and increasing returns to scale. Yet … structure and trade. We use a framework that nests an increasing returns model of economic geography featuring "home market …" effects with that of Heckscher-Ohlin. We employ these trade models to account for the structure of OECD manufacturing …
Persistent link: https://www.econbiz.de/10005638939
During the last two decades new research has greatly advanced our understanding of the structure of world trade. This … foreign trade the discussion is in two parts. One part examines the links between factor endowments and trade flows. New … across countries. A second part examines determinants of the volume of trade, the share of intra-industry trade and evidence …
Persistent link: https://www.econbiz.de/10005661848