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Profits, Scale Economies, and the Gains from Trade and Industrial Policy

The American Economic Review, 2023
This paper examines the efficacy of second-best trade restrictions at correcting sectoral misallocation due to scale economies or profit-generating markups.
Ahmad Lashkaripour, Volodymyr Lugovskyy
semanticscholar   +1 more source

Entrepot: Hubs, Scale, and Trade Costs

Social Science Research Network, 2021
We study the global trade network and quantify its trade and welfare impact. We document that the trade network is a hub-and-spoke system where 80 percent of trade is shipped indirectly and largely via entrepôts—major hubs that facilitate trade between ...
S. Ganapati, Woan Foong Wong, O. Ziv
semanticscholar   +1 more source

An Empirical Dynamic Model of Trade with Consumer Accumulation

American Economic Journal: Microeconomics, 2021
This paper develops a dynamic structural model of trade in which firms slowly accumulate consumers in foreign markets. Estimating the model using export data from individual firms and a particle Markov chain Monte Carlo estimator, the model predicts ...
Paul Piveteau
semanticscholar   +1 more source

Production Clustering and Offshoring

American Economic Journal: Microeconomics, 2022
I introduce a model of international production that allows the production chain to be of any length or number of sourcing countries and in which the production process does not have to be perfectly sequential.
Vladimir Tyazhelnikov
semanticscholar   +1 more source

International Trade

Oil & Energy Trends, 2022
Aceptado: 05 octubre 2022 En este documento, se propone examinar teóricamente el comercio de la calidad de productos con un marco de competencia oligopólica a la Hotelling, en lugar de un marco de competencia monopolística o competencia perfecta como es ...
M. Gomez
semanticscholar   +1 more source

Optimal Tariffs and Market Power: The Evidence

World Scientific Studies in International Economics, 2008
We find that prior to World Trade Organization membership, countries set import tariffs 9 percentage points higher on inelastically supplied imports relative to those supplied elastically.
Christian M. Broda   +2 more
semanticscholar   +1 more source

Trade, Value Added, and Productivity Linkages: A Quantitative Analysis

American Economic Journal: Macroeconomics
Traditional international real business cycle (IRBC) models produce a weak relationship between trade and cross-country real GDP (RGDP) correlations (corrRGDP), contradicting empirical findings.
F. de Soyres, Alexandre Gaillard
semanticscholar   +1 more source

Strategic Trade Policy in Asymmetric Markets: The Role of Product Differentiation and Free Trade Agreements

Foreign Trade Review
This study examines the dynamics of Bertrand competition for differentiated products among three asymmetric countries, focusing on the welfare implications of free trade agreements (FTAs). It explores how product substitutability, market size differences
Arsalan Ahmed
semanticscholar   +1 more source

Virtual Transfer of Labour Services and Financial Capital Between Non-overlapping Time Zones

Foreign Trade Review
This article incorporates international transfer of financial capital, a process that is essential to the offshoring of labour services across time zones but has been ignored.
Alaka Shree Prasad, Biswajit Mandal
semanticscholar   +1 more source

INPUT TRADE LIBERALIZATION AND MARKUP DISTRIBUTION: EVIDENCE FROM CHINA

, 2020
We utilize an unprecedented liberalization episode in China, namely its World Trade Organization accession, to estimate the impact of trade liberalization on firm markup and markup distribution.
Zheng-Wen Liu, Hong Ma
semanticscholar   +1 more source

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