Showing 1 - 10 of 2,402
challenge the view that greater openness to trade automatically leads to improved firm entry institutions. My model enables … calculating business entry impediments whereas lobbying game produces structural estimates of the counterfactual levels of trade … extensive margin and asymmetries in technology and trade costs. Importantly, the model demonstrates that startling differences …
Persistent link: https://www.econbiz.de/10010126706
The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network … assessment of theoretical models that aim to identify the determinants of firm-to-firm networks in international trade. …
Persistent link: https://www.econbiz.de/10012534686
-parametric formulas, we measure how trade modifies the deadweight loss of markups through two channels: (1) trade-induced change in markup … zero-sum welfare effects similar to implicit tariffs that tilt the terms of trade in favor of countries exporting high … compile new data on global profit ownership. Our findings reveal that trade has greatly reshaped the global incidence of …
Persistent link: https://www.econbiz.de/10014583781
theoretical and empirical papers studies the role of multi-product firms (MPFs) in international trade. This survey reviews the …
Persistent link: https://www.econbiz.de/10014278242
In times of increasing oil prices and a weak dollar, European companies that focus their business on the US market may find themselves in a weak position. While many businesses can hedge this kind of risk by relocating production to the US, or employing financial remedies, these strategies may...
Persistent link: https://www.econbiz.de/10003796133
PECS reverses the negative impact of strict ROOs on intermediate trade which turns positive as a consequence of introducing …
Persistent link: https://www.econbiz.de/10003891876
explains these facts and which links these features to the trade environment that countries and firms face. We introduce firms … with internal hierarchies in a Krugman (1980) model of trade. We show that international trade and the toughness of …
Persistent link: https://www.econbiz.de/10003418955
This paper analyzes the role of product quality and labor efficiency in shaping the trade patterns and trade … import prices, suggesting that rich countries trade goods of relatively higher quality. Instead of relying on specific demand … country North-South trade model with two dimensions of firm heterogeneity. Differences in firms'; product qualities and cost …
Persistent link: https://www.econbiz.de/10003954550
Welfare gains from increasing product variety are an important source of the gains from international trade. Recent … empirical studies have largely focused on measuring the gains from an increased variety of imports. Trade theory, however …, suggests that international trade heavily affects the variety of domestically produced goods as well. To overcome the typical …
Persistent link: https://www.econbiz.de/10009008074
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, country sizes and trade barriers. The model is able to capture the …
Persistent link: https://www.econbiz.de/10009375055