Comparative Advantage and Heterogeneous Firms
نویسندگان
چکیده
منابع مشابه
Comparative advantage and heterogeneous firms
This paper examines how country, industry and firm characteristics interact in general equilibrium to determine nations’ responses to trade liberalization. When firms possess heterogeneous productivity, countries differ in relative factor abundance and industries vary in factor intensity, falling trade costs induce reallocations of resources both within and across industries and countries. Thes...
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Motivated by the non-linear and S-shaped pattern between trade liberalization and capital inflow observed in cross country data, this paper offers a new perspective in understanding the relation between these two. The static model nests Melitz style heterogenous firms with endogenous mark-up within a classical Heckscher-Ohlin style comparative advantage frame work. In this integrated model trad...
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This paper introduces a new theoretical model to explore how the behavior of heterogeneous intermediate suppliers affects the product quality choice of heterogeneous final good producers. It explains the choices of quality, inputs and the export prices of a multi-product firm in response to different market characteristics. We found that a more productive firm exports a larger and higher qualit...
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There is a considerable amount of controversy about the model(s) of comparative advantage and its applicability to international business, in particular as a guide to the success of nations and/or firms in international markets. This perception (or understanding) of inapplicability of the model(s) of comparative advantage has lead international business experts to develop new models, or what ma...
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The effects of unions on productivity and firm performance have been the topic of extensive research. Existing studies have, however, primarily focused on firm-level bargaining and on markets that are characterised by a small and fixed number of identical firms. This paper studies how different unionisation structures affect firm productivity and firm performance in a monopolistic competition m...
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ژورنال
عنوان ژورنال: Review of Economic Studies
سال: 2007
ISSN: 0034-6527,1467-937X
DOI: 10.1111/j.1467-937x.2007.00413.x