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来源类型Working Paper
规范类型报告
DOI10.3386/w21408
来源IDWorking 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
URLhttps://www.nber.org/papers/w21408
来源智库National Bureau of Economic Research (United States)
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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.
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