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Trade, markup heterogeneity and misallocations
Epifani, Paolo; Gancia, Gino Alessandro - In: Journal of international economics 83 (2011) 1, pp. 1-13
Persistent link: https://www.econbiz.de/10009248299
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International trade and monopolistic competition without CES : estimating translog gravity
Novy, Dennis - 2010
allows for endogenous markups and rich substitution patterns across goods. In contrast to standard CES-based gravity …
Persistent link: https://www.econbiz.de/10003956003
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Transport costs in international trade
Kleinert, Jörn; Spies, Julia - 2011 - Preliminary version
This paper claims that distance alone is a poor proxy for international transport costs in gravity equations. We develop a theoretical framework with a manufacturing and a transport sector, where the level of manufacturing exports determines the demand for transport. Above a certain threshold,...
Persistent link: https://www.econbiz.de/10011543259
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Endogenous transport costs in international trade
Kleinert, Jörn; Spies, Julia - 2011
In this paper we claim that distance alone is a poor proxy for international transport costs in empirical studies. We model a manufacturing and a transport sector and let the level of manufacturing exports determine the demand for transport services. Above a particular trade level, transport...
Persistent link: https://www.econbiz.de/10009515607
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Heterogeneous firms, trade, and economic policy : insights from a simple two-sector model
Pflüger, Michael; Russek, Stephan - 2011
The robust empirical finding that exporting firms are systematically different from firms that merely serve domestic consumers has inspired the development of a new brand of trade theory, the theory of heterogeneous firms and trade. The establishment of a canonical model due to Melitz (2003) has...
Persistent link: https://www.econbiz.de/10009519889
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Business conditions and default risks across countries
Pflüger, Michael; Russek, Stephan - 2011
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10009232302
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Business conditions and default risks across countries
Pflüger, Michael; Russek, Stephan - 2011
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main...
Persistent link: https://www.econbiz.de/10008939217
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Trade, wages, and productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2012
firms, and multiple asymmetric regions. Wages, productivity, consumption diversity, and markups across firms and markets are …'s productivity and location. Our results suggest that markups on the firms' side provide a very different piece of information than … markups on the consumers' side, which are central to any welfare statement. -- firm heterogeneity ; endogenous markups …
Persistent link: https://www.econbiz.de/10009683263
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Exploring the intensive and extensive margins of world trade : presented at Venice Summer Institute, Workshop on Dissecting Globalization, July 2004
Felbermayr, Gabriel; Kohler, Wilhelm - 2004
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time (intensive margin). But trade may also increase if a trading bilateral relationship is newly established between countries that have not traded with each other in the past...
Persistent link: https://www.econbiz.de/10011450770
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Exports, Horizontal FDI and Export Hubs
Cirannek, Vanessa - 2010
International operating firms often follow complex market supply strategies, ranging from Exports and Foreign Direct Investments (FDI) to regional Export Hubs. Explaining the driving forces behind multinational setups and their influence on the agglomeration-core pattern has become an emerging...
Persistent link: https://www.econbiz.de/10013137202