| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2963 |
| DP2963 Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function | |
| Martín Uribe; Stephanie Schmitt-Grohé | |
| 发表日期 | 2001-09-19 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | Market size and transport costs are important ingredients of international trade. We propose to look at these issues from a different perspective. Using a Hotelling duopoly model with quadratic transport costs, we analyse the welfare effects of international trade between two countries that differ only in size. Our results indicate that in most cases free trade will lead to a decrease in prices. Furthermore, the firm of the small country will benefit from market expansion. Finally, the model predicts that the small country benefits from a move towards free trade whereas the opening to trade may hurt the large country. |
| 主题 | Industrial Organization ; International Trade and Regional Economics |
| 关键词 | International trade Geographical nation size Mill pricing Spatial competition |
| URL | https://cepr.org/publications/dp2963 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531991 |
| 推荐引用方式 GB/T 7714 | Martín Uribe,Stephanie Schmitt-Grohé. DP2963 Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function. 2001. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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