Skill‐biased heterogeneous firms, trade liberalization and the skill premium
نویسندگان
چکیده
منابع مشابه
Small-Scale Firms and Trade Liberalization
We explore how integrating into the world economy affects the incomes of manufacturers in less developed countries (LDCs). We show that cutting back trade barriers has asymmetric effects on the incomes of the two typical groups of entrepreneurs. Whereas access to foreign markets benefits those entrepreneurs who are able to run large-scale factories, credit-rationed entrepreneurs running a micro...
متن کاملMulti-Product Firms and Trade Liberalization∗
This paper develops a general equilibrium model of international trade that features selection across firms, products and countries. Firms’export decisions depend on a combination of firm “productivity” and firm-product-country “consumer tastes”, both of which are stochastic and unknown prior to the payment of a sunk cost of entry. Trade liberalization induces endogenous reallocations of resour...
متن کاملTrade Liberalization and Capital Flows: a Perspective of Comparative Advantage and Heterogeneous Firms
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...
متن کاملAddendum to: International Trade, Technology, and the Skill Premium
In this Addendum we set up a perfectly competitive version of the model and conduct a range of comparative static exercises under simplifying assumptions. Compared to the model described in Section 2 of our main paper, we assume that there is a large number of rms in each variety (!; j) in each country and that within a country all rms have access to the same productivity z. This implies that...
متن کاملNo 769 December 2006 Multi - Product Firms and Trade Liberalization
This paper develops a general equilibrium model of multi-product firms and analyzes their behavior during trade liberalization. Firm productivity in a given product is modeled as a combination of firm-level “ability” and firmproduct-level “expertise”, both of which are stochastic and unknown prior to the firm’s payment of a sunk cost of entry. Higher firm-level ability raises a firm’s productiv...
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: Canadian Journal of Economics/Revue canadienne d'économique
سال: 2015
ISSN: 0008-4085,1540-5982
DOI: 10.1111/caje.12167