| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27934 |
| 来源ID | Working Paper 27934 |
| Firm Dynamics and Trade | |
| George A. Alessandria; Costas Arkolakis; Kim J. Ruhl | |
| 发表日期 | 2020-10-12 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We review the literature that studies the dynamics of firms in foreign markets, both at the intensive and extensive margins, and their aggregate implications. We first summarize a set of micro facts on exporter entry, expansion, contraction, and exit and macro facts about the response of aggregate trade flows to trade-policy and business-cycle shocks. We then present the canonical model developed in the literature to account for these facts and discuss its connection to the empirical evidence. We show how three model features — future uncertain profits, an investment in market access, and high depreciation of that access upon exit — generate transition dynamics and long-run aggregate outcomes from a cut in tariffs. The model and its extensions contribute to our understanding of the dynamics of trade integration and the evolution of future trade barriers. We discuss the key challenges faced by the canonical model, possible extensions, and applications of the framework to recent global events. |
| 主题 | International Economics ; Trade ; International Macroeconomics ; Globalization and International Relations |
| URL | https://www.nber.org/papers/w27934 |
| 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/585608 |
| 推荐引用方式 GB/T 7714 | George A. Alessandria,Costas Arkolakis,Kim J. Ruhl. Firm Dynamics and Trade. 2020. |
| 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 | ||
| w27934.pdf（409KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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