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Explaining the size differences of exporter productivity premia : theory and evidence
Geishecker, Ingo; Schröder, Philipp J. H.; Sørensen, Allan - 2014
Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to the data. We derive the sectoral EPP in a standard heterogeneous firms trade model and apply the insights from the model to 13 years of data for all Danish manufacturing firms....
Persistent link: https://www.econbiz.de/10010246063
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A model of trade with Ricardian comparative advantage and intra-sectoral firm heterogeneity
Fan, Haichao; Lai, Edwin L.-C.; Qi, Han - 2011
In this paper, we merge the heterogenous firm trade model of Melitz (2003) with the Ricardian model of Dornbusch, Fisher and Samuelson (DFS 1977) to explain how the pattern of international specialization and trade is determined by the interaction of comparative advantage, economies of scale,...
Persistent link: https://www.econbiz.de/10009375055
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Market power, multinationality and intra-EU industry exports in the 1990s
Egger, Peter - 2001
This paper assesses the impact of market power and multinationality in EU12 manufacturing industries on EU integration in goods trade in the 90ies. An increase in the market concentration exhibits a positive impact on bilateral exports, while an increase in multinationality works in the opposite...
Persistent link: https://www.econbiz.de/10011492659
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Vertical Differentiation, Wage Bargaining and Intra-Industry Trade Liberalization
Bacchiega, Emanuele - 2007
This article analyzes the effects of trade liberalization between two asymmetric industries. Asymmetries concern consuemers' masses and labor endowments. The latter, together with human capital specificity in the production of the variants of a vertically differentiated good, determine market...
Persistent link: https://www.econbiz.de/10012730381
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On the Heterogeneous Trade and Welfare Effects of GATT/WTO Membership
Felbermayr, Gabriel - 2020
We build on the latest developments in the structural gravity literature to quantify the partial and general equilibrium effects of GATT/WTO membership on trade and welfare. Using an extensive database covering manufacturing trade for 186 countries over the period 1980-2016, we find that the...
Persistent link: https://www.econbiz.de/10012822504
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El Comercio Intraindustrial En La Relación México-Canadá (Intra-Industry Trade in the Relationship México-Canada)
Ruiz Ceseña, Francisco - 2014
Spanish Abstract: El presente estudio es producto del trabajo de investigación que se realizó durante el año 2012 dentro del Taller de Investigación Comercial, Aduanera y Observatorio de Negocios de la Universidad Autónoma de Baja California Sur. El objetivo de este trabajo es constrastar...
Persistent link: https://www.econbiz.de/10013062841
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Patterns of Vertical Intra-Industry Trade Considering Quality Difference : S.Korea Case
Kang, Minsung - 2022
. Another progress in IIT studies was the research on the determinants of HIIT/VIIT. Various countryand industry …-specific determinants have been studied and differences in factor endowments and market size, physical and/or institutional barrier against … trade and foreign direct investment (FDI) are the key elements determining IIT in country level. Though these determinants …
Persistent link: https://www.econbiz.de/10014241145
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Measuring Horizontal and Vertical Differentiation in Intra-industry Trade
Dutta, Sourish - 2022
of intra-industry trading caused the rise of theoretical models explaining the determinants of these trade flows. It also …
Persistent link: https://www.econbiz.de/10014030704
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Relational Contracts and the Economic Well-Being of Nations
Kukharskyy, Bohdan; Pflüger, Michael - 2011
Informal long-term relationships and mutual confidence play a crucial role in modern economies in at least two dimensions. First, the performance of firms is strongly affected by their capacity to solve organizational questions effectively and this capacity is apparently strongly related to...
Persistent link: https://www.econbiz.de/10010294712
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Does the Home Market Effect Arise in a Three-Country Model?
Südekum, Jens - 2005
It is uncertain whether the fundamental 'home market effect' (HME) generalizes from a two-country model to a more realistic setting with multiple countries. We present a three-country version of the seminal model by Krugman (1980) and analyse under which circumstances the HME is present once...
Persistent link: https://www.econbiz.de/10010296391