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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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Income inequality and export prices across countries
Flach, Lisandra; Janeba, Eckhard - 2013
This paper provides first firm-level evidence of the links between income inequality and the patterns of trade and export prices. We identify a theoretical mechanism behind these links, which suggests that a more unequal income distribution leads to higher average prices. We test the theory...
Persistent link: https://www.econbiz.de/10009764401
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Disentangling frictions across the world : markups versus trade costs
Heid, Benedikt; Stähler, Frank - 2024
markups over time. With minimal assumptions, we can disentangle aggregate markup and trade cost changes from observed changes … that across all country pairs, on average, bilateral aggregate markups have increased by 2.8% per year. As bilateral trade … changes. Markups have increased less in high-income countries than in other countries. …
Persistent link: https://www.econbiz.de/10015081337
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Capital and goods market integration and the inequality of nations
Wagner, Martin - 1999
A 2-country model with two groups of agents, workers and capitalists is presented in which economic integration results in an initial phase of catch-up, where the less industrialised country experiences the rise in both capital and labour income. Then, after a certain level of integration has...
Persistent link: https://www.econbiz.de/10010291923
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Export market exit and firm survival: Theory and first evidence
Hiller, Sanne; Schröder, Philipp J. H.; Sørensen, Allan - 2013
This paper deploys a dynamic extension of the Melitz (2003) model to generate predictions on export market exit and firm survival in a setting where firms endogenously make exit decisions. The central driver of the model dynamics is the inclusion of exogenous economy wide technological progress....
Persistent link: https://www.econbiz.de/10010294475
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Trade and Industrial Policies with Heterogeneous Firms: The Role of Country Asymmetries
Pflüger, Michael; Russek, Stephan - 2011
This paper explores the role of country asymmetries for trade and industrial policies with heterogeneous firms. Our analysis delivers a number of novel results. First, trade policies, infrastructure policies and industrial policies which improve the business conditions in one country have...
Persistent link: https://www.econbiz.de/10010294730
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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/10010294745
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Eastern Enlargement of the EU: A Comprehensive Welfare Assessment
Kohler, Wilhelm K. - 2004
This paper takes a welfare-view on eastern enlargement of the EU, focusing on incumbent countries. Enlargement is decomposed into three elements: Single-market integration on commodity markets, budgetary costs from EU-expenditure policies, and singlemarket- induced migration from new to present...
Persistent link: https://www.econbiz.de/10010295393
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Asset Ownership and Foreign-Market Entry
Raff, Horst; Ryan, Michael; Stähler, Frank - 2005
This paper examines the link between a firm's owership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield...
Persistent link: https://www.econbiz.de/10010296254
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The Effects of Trade Liberalization on Productivity and Welfare: The Role of Firm Heterogeneity, R&D and Market Structure
Stähler, Frank; Raff, Horst; Long, Ngo Van - 2007
This paper develops an oligopolistic model of international trade with heterogeneous firms and endogenous R&D to examine how trade liberalization affects firm and industry productivity, as well as social welfare. We identify four effects of trade liberalization on productivity: (i) a direct...
Persistent link: https://www.econbiz.de/10010296284