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来源类型Working Paper
规范类型报告
DOI10.3386/w29684
来源IDWorking Paper 29684
Two-Sided Search in International Markets
Jonathan Eaton; David Jinkins; James R. Tybout; Daniel Xu
发表日期2022-01-24
出版年2022
语种英语
摘要We develop a dynamic model of international business-to-business transactions in which sellers and buyers search for each other, with the probability of a match depending on both individual and aggregate search effort. Fit to customs records on U.S. apparel imports, the model captures key cross-sectional and dynamic features of international buyer-seller relationships. We use the model to make several quantitative inferences. First, we calculate the search costs borne by heterogeneous importers and exporters. Second, we provide a structural interpretation for the life cycles of importers and exporters as they endogenously acquire and lose foreign business partners. Third, we pursue counterfactuals that approximate the phaseout of the Agreement on Textiles and Clothing (the “China shock”) and the IT revolution. Lower search costs can significantly improve consumer welfare, but at the expense of importer profits. On the other hand, an increase in the population of foreign exporters can congest matching to the extent of dampening or even reversing the gains consumers enjoy from access to extra varieties and more retailers.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w29684
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/587358
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GB/T 7714
Jonathan Eaton,David Jinkins,James R. Tybout,et al. Two-Sided Search in International Markets. 2022.
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