| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19273 |
| 来源ID | Working Paper 19273 |
| Allocative Efficiency, Mark-ups, and the Welfare Gains from Trade | |
| Thomas J. Holmes; Wen-Tai Hsu; Sanghoon Lee | |
| 发表日期 | 2013-08-01 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | This paper develops an index of allocative efficiency that depends upon the distribution of mark-ups across goods. It determines how changes in trade frictions affect allocative efficiency in an oligopoly model of international trade, decomposing the effect into the cost-change channel and the price-change channel. Formulas are derived shedding light on the signs and magnitudes of the two channels. In symmetric country models, trade tends to increase allocative efficiency through the cost-change channel, yielding a welfare benefit beyond productive efficiency gains. In contrast, the price-change channel has ambiguous effects on allocative efficiency. |
| 主题 | Microeconomics ; Welfare and Collective Choice ; International Economics ; Trade ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w19273 |
| 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/576949 |
| 推荐引用方式 GB/T 7714 | Thomas J. Holmes,Wen-Tai Hsu,Sanghoon Lee. Allocative Efficiency, Mark-ups, and the Welfare Gains from Trade. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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