全球智库信息集成服务系统(G2TT): Understanding Markups in the Open Economy under Bertrand Competition

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w16587
来源ID	Working Paper 16587
	Understanding Markups in the Open Economy under Bertrand Competition
	Beatriz de Blas; Katheryn Russ
发表日期	2010-12-02
出版年	2010
语种	英语
摘要	The purpose of this paper is to understand the effects of endogenous markups and trade costs on the pricing behavior of exporters when firms are heterogeneous in productivity. Using new analytical distributions for markups under Bertrand competition, we uncover Ricardian patterns of export pricing that generate higher markups and export price volatility when industrialized countries sell to developing countries. These Ricardian patterns dissipate when developing countries move from bilateral to multilateral trade liberalization. The results arise from a form of price rigidity for exports that arises endogenously due to cut-throat competition, even though prices are otherwise perfectly flexible.
主题	International Economics ; Trade ; International Macroeconomics
URL	https://www.nber.org/papers/w16587
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/574262
推荐引用方式 GB/T 7714	Beatriz de Blas,Katheryn Russ. Understanding Markups in the Open Economy under Bertrand Competition. 2010.