| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13688 |
| 来源ID | Working Paper 13688 |
| Trade Policy under Firm-Level Heterogeneity in a Small Economy | |
| Svetlana Demidova; Andrés Rodríguez-Clare | |
| 发表日期 | 2007-12-20 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | In this paper we explore the effect of trade policy on productivity and welfare in the now standard model of firm-level heterogeneity and product differentiation with monopolistic competition. To obtain sharp results, we restrict attention to an economy that takes as given the price of imports and the demand schedules for its exports (a "small economy"). We first establish that welfare can be decomposed into four terms: productivity, terms of trade, variety and curvature, where the latter is a term that captures heterogeneity across varieties. We then show how a consumption subsidy, an export tax, or an import tariff allow our small economy to deal with two distortions that we identify and thereby reach its first best allocation. We also show that an export subsidy generates an increase in productivity, but given the negative joint effect on the other three terms (terms of trade, variety and curvature), welfare falls. In contrast, an import tariff improves welfare in spite of the fact that productivity falls. |
| 主题 | International Economics ; Trade |
| URL | https://www.nber.org/papers/w13688 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571364 |
| 推荐引用方式 GB/T 7714 | Svetlana Demidova,Andrés Rodríguez-Clare. Trade Policy under Firm-Level Heterogeneity in a Small Economy. 2007. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13688.pdf（288KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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