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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21408 |
来源ID | Working Paper 21408 |
Exporter Heterogeneity and Price Discrimination: A Quantitative View | |
Jae Wook Jung; Ina Simonovska; Ariel Weinberger | |
发表日期 | 2015-07-27 |
出版年 | 2015 |
语种 | 英语 |
摘要 | We quantify a class of commonly-employed general equilibrium models of international trade and pricing-to-market that feature firm-level heterogeneity and consumers with nonhomothetic preferences. We demonstrate theoretically that the models lack the flexibility to match salient features of US firm-level data. Consequently, we outline a theoretical framework that can reconcile the documented price dispersion across firms and markets, while maintaining consistency with cross-sectional observations on firm productivity and sales. We calibrate the model’s parameters to match bilateral trade flows across 71 countries as well as the productivity and sales advantages of US exporters over non-exporters. We find that the calibrated model accounts for the majority of the dispersion in prices of tradables across countries of different income levels, while maintaining a tight quantitative fit to firm-level data. Given its additional flexibility, the model quantitatively outperforms the existing alternatives and yields welfare gains for the US that are 14-54% higher, but at the cost of loss of tractability. |
主题 | International Economics ; Trade ; Globalization and International Relations |
URL | https://www.nber.org/papers/w21408 |
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/579082 |
推荐引用方式 GB/T 7714 | Jae Wook Jung,Ina Simonovska,Ariel Weinberger. Exporter Heterogeneity and Price Discrimination: A Quantitative View. 2015. |
条目包含的文件 | 条目无相关文件。 |
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