Endogenous comparative advantage, gains from trade and symmetry-breaking
نویسندگان
چکیده
منابع مشابه
Endogenous Production Networks and Gains from Trade
I develop a quantitative trade model with endogenous production networks, namely the collection of supplier-customer relationships among rms. In the model, rms form linkages with each other both within and across borders, balancing the tradeo between extra revenue brought in by downstream connections and xed costs required to establish these relationships. The structure of equilibrium productio...
متن کاملEndogenous Comparative Advantage∗
A stylized model of trade between identical countries is developed, where the only departure from standard neoclassical theory is that worker skills are imperfectly observable. This creates an informational externality since firms take aggregate investments into consideration when making inference about individual workers. The interaction between the informational externality and price effects ...
متن کامل“Endogenous Comparative Advantage” Web Appendices
This documents contains proofs that for the sake of brevity have been omitted from the paper " Endogenous Comparative Advantage, " additional calculations, and a discussion about empirical evidence supporting some implications of the model. To make the derivations self-contained some equations have been duplicated from the main paper.
متن کاملSupplement to “ Endogenous Comparative Advantage ”
E Derivation of Trade Equilibria in Section 5.5 9 E.1 Conditions that must hold in any equilibrium. . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 E.2 Equilibria of type A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 E.3 Equilibria of type B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 E.4 Equilibria of type...
متن کاملTrade, Development, and Poverty-Induced Comparative Advantage
This paper deals with the relation between trade and development when poverty affects individual decision making. We develop a twosector model that links production and schooling decisions under poverty with standard neo-classical trade analyses. The decision to either work or acquire skills depends on households having reached subsistence levels of income, implying that the income level of a c...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2017
ISSN: 0022-1996
DOI: 10.1016/j.jinteco.2017.08.009