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Volatility and the Gains from Trade
Allen, Treb - 2016
volatility of returns. In this paper, we explore the second moment effects of trade. Using forty years of agricultural micro …-data from India, we show that falling trade costs increased farmer's revenue volatility, causing farmers to shift production … toward crops with less risky yields. We then characterize how volatility affects farmer's crop allocation using a portfolio …
Persistent link: https://www.econbiz.de/10012456399
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Trade policy is real news : theory and evidence
Alessandria, George; Mix, Carter - 2021
Persistent link: https://www.econbiz.de/10012700485
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Measuring the Gains from Trade Under Monopolistic Competition
Feenstra, Robert C. - 2010
Three sources of gains from trade under monopolistic competition are: (i) new import varieties available to consumers; (ii) enhanced efficiency as more productive firms begin exporting and less productive firms exit; (iii) reduced markups charged by firms due to import competition. The first...
Persistent link: https://www.econbiz.de/10013149703
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Icebergs Versus Tariffs : A Quantitative Perspective on the Gains from Trade
Felbermayr, Gabriel - 2013
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize...
Persistent link: https://www.econbiz.de/10013083872
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In the gains from trade as firms matter, so do their sizes
Sunil Dash - In: Margin: the journal of applied economic research 18 (2024) 1/2, pp. 134-159
Persistent link: https://www.econbiz.de/10015168276
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Icebergs versus tariffs : a quantitative perspective on the gains from trade
Felbermayr, Gabriel; Jung, Benjamin; Larch, Mario - 2013
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize...
Persistent link: https://www.econbiz.de/10009724020
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Icebergs versus tariffs : a quantitative perspective on the gains from trade
Felbermayr, Gabriel; Jung, Benjamin; Larch, Mario - 2013
Recent quantitative trade models treat import tariffs as pure cost shifters so that their effects are similar to iceberg trade costs. We introduce revenue-generating import tariffs, which act as demand shifters, into the framework of Arkolakis, Costinot and Rodriguez-Clare (2012), and generalize...
Persistent link: https://www.econbiz.de/10009727728
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International trade in general oligopolistic equilibrium
Neary, J. Peter - 2015
Persistent link: https://www.econbiz.de/10011414812
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International trade in general oligopolistic equilibrium
Neary, J. Peter - 2015
This paper presents a new model of oligopoly in general equilibrium and explores its implications for positive and normative aspects of international trade. Assuming "continuum-Pollak" preferences, the model allows for consistent aggregation over a continuum of sectors, in each of which a small...
Persistent link: https://www.econbiz.de/10011406571
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On the heterogeneous welfare gains and losses from trade
Carroll, Daniel; Hur, Sewon - 2019
Persistent link: https://www.econbiz.de/10012003949