Rising trade costs? Agglomeration and trade with endogenous transaction costs
نویسندگان
چکیده
منابع مشابه
Trade Costs and Markups∗
We explore the effects of trade costs on markups by building a new model consistent with three stylized facts: exporters charge higher markups, markups increase when starting to export, and domestic and foreign sales are negatively correlated, which suggests decreasing returns. We calibrate the model to Chilean data, and simulate reductions in trade costs. Most markups increase along the intens...
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ژورنال
عنوان ژورنال: Canadian Journal of Economics/Revue canadienne d'économique
سال: 2008
ISSN: 0008-4085,1540-5982
DOI: 10.1111/j.1365-2966.2008.00464.x