The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to …, and that consumer prices can even rise if the retail density is sufficiently low. -- International trade ; retailing …

The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to …, and that consumer prices can even rise if the retail density is sufficiently low. -- International Trade ; Retailing …

We construct a model of trade with heterogeneous retailers to examine the effects of trade liberalization on retail … mechanism by reducing imports and raising consumer prices. -- International trade ; retailing ; firm heterogeneity …

We construct a model of trade with heterogeneous retailers to examine the effects of trade liberalization on retail … degree of pass-through and the large benefit that consumers seem to derive from trade liberalization …

market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail … market concentration. Due to this concentration retail prices may be higher and welfare may be lower in free trade than in … autarky, thus reversing the standard effects of trade liberalization. Second, the pro-competitive effects of trade …

market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail … market concentration. Due to this concentration retail prices may be higher and welfare may be lower in free trade than in … autarky, thus reversing the standard effects of trade liberalization. Second, the pro-competitive effects of trade …

Market structure is usually considered to be exogenous to trade flows in most empirical studies. This paper challenges … this view by showing that the formation of market structure in an open economy is very closely related to trade quantities …

A salient feature of the current globalization is a loss of manufacturing in developed countries and rapid … industrialization in middle-sized developing countries. This paper aims to construct a simple three-country trade and geography model … concentration) in the early stage of globalization, but loses manufacturing in the later stage of globalization. When losing …