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Globalization, markups, and the US price level

Feenstra, Robert C.; Weinstein, David E. - 2010

"This paper is the first attempt to structurally estimate the impact of globalization on markups and welfare in a monopolistic competition model. To achieve this, we work with a class of preferences that allow for endogenous markups and firm entry and exit that are especially convenient for...

Persistent link: https://www.econbiz.de/10003941999

Estimating markups and market conduct with multidimensional product attributes

Feenstra, Robert C. - In: The review of economic studies 62 (1995) 1, pp. 19-52

Persistent link: https://www.econbiz.de/10001174402

Globalization, Markups and U.S. Welfare

Feenstra, Robert C. - 2010

This paper is the first attempt to structurally estimate the impact of globalization on markups, and the effect of changing markups on welfare, in a monopolistic competition model. To achieve this, we work with a class of preferences that allow for endogenous markups and firm entry and exit that...

Persistent link: https://www.econbiz.de/10013147610

Globalization, Markups and U.S. Welfare

Feenstra, Robert C. - 2010

Persistent link: https://www.econbiz.de/10012462906

Outsourcing and volatility

Bergin, Paul R.; Feenstra, Robert C.; Hanson, Gordon H. - 2007

While outsourcing of production from the U.S. to Mexico has been hailed in Mexico as a valuable engine of growth … literature to study the second moment properties of outsourcing. We begin by documenting a new stylized fact: the maquiladora … outsourcing industries in Mexico experience fluctuations in value added that are roughly twice as volatile as the corresponding …