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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18041 |
来源ID | Working Paper 18041 |
Competition, Markups, and the Gains from International Trade | |
Chris Edmond; Virgiliu Midrigan; Daniel Yi Xu | |
发表日期 | 2012-05-03 |
出版年 | 2012 |
语种 | 英语 |
摘要 | We study the gains from trade in a model with endogenously variable markups. We show that the pro-competitive gains from trade are large if the economy is characterized by (i) extensive misallocation, i.e., large inefficiencies associated with markups, and (ii) a weak pattern of cross-country comparative advantage in individual sectors. We find strong evidence for both of these ingredients using producer-level data for Taiwanese manufacturing establishments. Parameterizations of the model consistent with this data thus predict large pro-competitive gains from trade, much larger than those in standard Ricardian models. In stark contrast to standard Ricardian models, data on changes in trade volume are not sufficient for determining the gains from trade. |
主题 | Macroeconomics ; Consumption and Investment ; International Economics ; Trade ; Development and Growth ; Growth and Productivity |
URL | https://www.nber.org/papers/w18041 |
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/575717 |
推荐引用方式 GB/T 7714 | Chris Edmond,Virgiliu Midrigan,Daniel Yi Xu. Competition, Markups, and the Gains from International Trade. 2012. |
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 | ||
w18041.pdf(541KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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