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Segerstrom, Paul Stephen; Stepanok, Ignat - 2012

In this paper, we present a standard quality ladders endogenous growth model with one significant new assumption, that it takes time for firms to learn how to export. We show that this model without Melitz-type assumptions can account for all the evidence that the Melitz (2003) model was...

Persistent link: https://www.econbiz.de/10009671658

Trade and Industrial Policies with Heterogeneous Firms : The Role of Country Asymmetries

Pflüger, Michael - 2010

improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …

Persistent link: https://www.econbiz.de/10013134819

Multiproduct Firms, Export Product Scope, and Trade Liberalization : The Role of Managerial Efficiency

Qiu, Larry D. - 2014

cost. Firms are heterogeneous in terms of managerial efficiency but homogenous in terms of production productivity. The …

Persistent link: https://www.econbiz.de/10013059988

Tariffs and macroeconomic dynamics

Hernández Vega, Marco - 2021

This paper studies the macroeconomic impact of higher tariffs using a two-country DSGE model with endogenous trade and heterogeneous firms. The analysis consists of two scenarios. First, we assume that one country increases tariffs while the other does not. Second, both countries raise tariffs....

Persistent link: https://www.econbiz.de/10012796830

Multi-Product Firms and Trade Liberalization

Bernard, Andrew B.; Redding, Stephen J.; Schott, Peter K. - 2008

liberalization. Firm productivity in a given product is modeled as a combination of firm-level "ability" and firm …-level ability raises a firm's productivity across all products, which induces a positive correlation between a firm's intensive … (output per product) and extensive (number of products) margins. Trade liberalization fosters productivity growth within and …

Persistent link: https://www.econbiz.de/10014026481

Firm efficiency and input market integration trade versus FDI

Imbruno, Michele - 2015

This paper highlights the crucial role played by international access to intermediate inputs to explain firm-level performance, via two channels simultaneously: trade and FDI. We develop a simple theoretical model showing that trade integration of input market entails an efficiency improvement...

Persistent link: https://www.econbiz.de/10011374044

Globalization and multiproduct firms

Nocke, Volker; Yeaple, Stephen R. - 2013

. Globalization is shown to induce heterogeneous responses across firms in terms of scope and productivity, some of which are …

Persistent link: https://www.econbiz.de/10010198516

Globalization and multiproduct firms

Nocke, Volker; Yeaple, Stephen R. - 2013

. Globalization is shown to induce heterogeneous responses across firms in terms of scope and productivity, some of which are …

Persistent link: https://www.econbiz.de/10011490272

Preference Externalities and Consumer Opposition to Free Trade

Durbin, Erik - 2002

This paper aims to explain why some consumers may rationally object to free trade. I describe a differentiated-goods economy in which agents differ in their preferences across categories of goods. Due to increasing returns in production the number of goods produced in a given category depends on...

Persistent link: https://www.econbiz.de/10014117894

Trade liberalization and credit constraints : why opening up may fail to promote convergence

Peters, Katrin; Schnitzer, Monika - 2012

Recent evidence suggests that despite opening up a country for trade, the productivity gap between developed and … liberalization increases economic performance, that is average productivity and technology adoption, in both countries but that the … productivity gap widens. Simulations show that the welfare gap widens too. Opening up without sufficient access to external funding …

Persistent link: https://www.econbiz.de/10009571627