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Trade market size, and industrial structure : revisiting the home-market effect
Yu, Zhihao - In: The Canadian journal of economics 38 (2005) 1, pp. 255-272
Persistent link: https://www.econbiz.de/10002655456
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Mobile Capital and the Home Market Effect
Takatsuka, Hajime - 2009
The home market effect (HME) reveals how industrial location depends on country size. One-factor or immobile … share, and firms may relocate to a smaller country when the homogeneous good market is more integrated …
Persistent link: https://www.econbiz.de/10013154765
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A unified theory of firm selection and growth
Arkolakis, Costas - 2009
This paper develops a theory of firm selection and growth and embeds it into an international trade framework of … continuous arrival of new potential producers. Firms can also pay an increasing market penetration cost to sell more to a given … market. The model is consistent with a set of salient regularities of firm and exporter selection and growth, as well as the …
Persistent link: https://www.econbiz.de/10003850872
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The Theory of Endogenous Market Structures : A Survey
Etro, Federico - 2012
Most market structures are neither perfectly or monopolistically competitive: they are characterized by a small number … scale (perfect competition) or isolated price setters (monopolistic competition). The theory of EMSs analyzes markets in … conditions on technology and preferences affect the equilibrium outcome. Understanding market structures means to understand how …
Persistent link: https://www.econbiz.de/10013103961
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A Multi-Product Framework Generating Waves of Mergers and Divestitures
Gaisford, James D. - 2009
analyze conditions where mergers may emerge endogenously as a result of a market game. Due to the nature of the interaction of … market-share and market-concentration effects in Cournot oligopolies, a stable internal equilibrium where mergers arise … market parameters as well as cost synergy parameters. Hence anticipated changes in market size or cost synergies attainable …
Persistent link: https://www.econbiz.de/10013159769
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Markups and Firm-Level Export Status
De Loecker, Jan - 2009
We derive an estimating equation to estimate markups using the insight of Hall (1986) and the control function approach of Olley and Pakes (1996). We rely on our method to explore the relationship between markups and export behavior using plant-level data. We find significantly higher markups...
Persistent link: https://www.econbiz.de/10012718986
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Firm Heterogeneity, Trade, and Wage Inequality
Unel, Bulent - 2009
This paper considers a world of symmetric countries with two factors of production and two sectors. Outputs of the two sectors are imperfect substitutes and the sectors differ in relative factor intensity. Each sector contains a continuum of heterogeneous firms that produce differentiated goods...
Persistent link: https://www.econbiz.de/10012720893
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A Unified Theory of Firm Selection and Growth
Arkolakis, Costas - 2021
This paper develops a theory of firm selection and growth and embeds it into an international trade framework of … continuous arrival of new potential producers. Firms can also pay an increasing market penetration cost to sell more to a given … market. The model is consistent with a set of salient regularities of firm and exporter selection and growth, as well as the …
Persistent link: https://www.econbiz.de/10013316364
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Globalization and the "new enterprise"
Marin, Dalia; Verdier, Thierry - 2002
Globalization has been identified by many experts as a new way firms organize their activities and as the emergence of human capital as the new stakeholder of the firm. This paper surveys recent work which examines the role of trade integration for these changes in corporate organization. More...
Persistent link: https://www.econbiz.de/10010440960
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The influence of capital market integration on production and market structures
Koop, Michael J. - 2001
The paper analyzes the effects of increasing capital market integration on production and market structures, trade and … stages of capital market integration are defined. First, capital is internationally immobile, secondly, capital is partly … of international trade which incorporates the new trade theory as well as aspects of the theory of multinational …
Persistent link: https://www.econbiz.de/10011474172