Results 1 to 10 of about 90,431 (33)

Trade Reform, Oligopsony, and Labor Market Distortion: Theory and Evidence

Social Science Research Network, 2023
In a heterogeneous-firm model with oligopsonistic local labor markets, this paper shows that opening up to trade can affect distortions in such markets.
Hoang Pham
semanticscholar   +1 more source

The Intensive Margin in Trade: How Big and How Important?

American Economic Journal: Macroeconomics, 2023
In benchmark trade models that feature a constant trade elasticity, bilateral exports vary entirely on the intensive margin (exports per firm) or entirely on the extensive margin (number of firms).
A. Fernandes, Peter J. Klenow, S. Meleshchuk, Martha Denisse Pierola, A. Rodríguez-Clare   +4 more
semanticscholar   +1 more source

Innovation and Production in the Global Economy

The American Economic Review, 2018
We develop a quantifiable general equilibrium model of trade and multinational production (MP) in which countries can specialize in innovation or production.
Costas Arkolakis, N. Ramondo, A. Rodríguez-Clare, S. Yeaple   +3 more
semanticscholar   +1 more source

Assessing the Supply Chain Effect of Natural Disasters: Evidence from Chinese Manufacturers

Social Science Research Network, 2022
This paper uses Chinese firm level data to detect the international propagation of adverse shocks triggered by the US hurricane season in 2005. We provide evidence that Chinese processing manufacturers with tight trade linkages to the United States ...
Katharina Laengle, An-Kai Xu, Rui-Jie Tian   +2 more
semanticscholar   +1 more source

The Gains from Input Trade with Heterogeneous Importers

American Economic Journal: Macroeconomics, 2018
Firms differ substantially in their participation in foreign input markets. We develop a methodology to measure the aggregate effects of input trade that takes such heterogeneity into account.
J. Blaum, Claire Lelarge, Michael Peters
semanticscholar   +1 more source

What Can Be Learned from Spatial Economics?

Journal of Economic Literature, 2019
Spatial economics aims to explain why there are peaks and troughs in the spatial distribution of wealth and people, from the international and regional to the urban and local.
S. Proost, Jacques-François Thisse
semanticscholar   +1 more source

Knowledge Diffusion, Trade, and Innovation across Countries and Sectors

Social Science Research Network, 2020
This paper provides a unified framework for quantifying the cross-country and cross-sector interactions among trade, innovation, and knowledge diffusion.
Jie Cai, Nan Li, Ana Maria Maria Santacreu   +2 more
semanticscholar   +1 more source

The Extensive Margin of Exporting Products: A Firm-Level Analysis

American Economic Journal: Macroeconomics, 2010
To quantify trade frictions, we examine multiproduct exporters. We build a flexible general-equilibrium model and estimate market entry costs using Brazilian firm-product-destination data under rich demand and market access cost shocks.
Costas Arkolakis, S. Ganapati, M. Muendler   +2 more
semanticscholar   +1 more source

The Euro's Trade Effects

Social Science Research Network, 2006
This paper reviews reassesses the methodology and principal findings of the “Rose effect”, i.e. the trade effects of currency union, looking at both EMU and non-EMU currency unions.
Richard E. Baldwin, J. Mélitz, Jeffrey A. Frankel   +2 more
semanticscholar   +2 more sources

A Theory of Price Caps on Nonrenewable Resources

The American Economic Review
What is the optimal response of a resource exporter when a price cap is imposed on its main export? This paper develops a dynamic framework incorporating stochastic prices, financial frictions, and market power to study this novel tool of statecraft ...
Simon H. Johnson, L. Rachel, Catherine D. Wolfram   +2 more
semanticscholar   +1 more source