Creat membership Creat membership
Sign in

Forgot password?

Confirm
  • Forgot password?
    Sign Up
  • Confirm
    Sign In
Creat membership Creat membership
Sign in

Forgot password?

Confirm
  • Forgot password?
    Sign Up
  • Confirm
    Sign In
Collection
For ¥0.57 per day, unlimited downloads CREATE MEMBERSHIP Download

toTop

If you have any feedback, Please follow the official account to submit feedback.

Turn on your phone and scan

home > search >

The Elusive Pro-Competitive Effects of Trade

Author:
Costas Arkolakis   Arnaud Costinot   Dave Donaldson  


Issue Date:
2012


Abstract(summary):

We study the procompetitive effects of international trade, or lack thereof, inmod- els with monopolistic competition, firm-level heterogeneity, and variable markups. Under standard restrictions on consumers’ demand and the distribution of firms’ pro- ductivity, wederivetwotheoreticalresults. First, althoughmarkupsvaryacrossfirms, the distribution of markups and the share of aggregate profits in revenues are invari- ant to changes in openness to trade. Second, although the distribution of markups and the share of aggregate profits in revenues are unaffected by trade, gains from trade liberalization are weakly lower than those predicted by the models with con- stant markups considered in Arkolakis, Costinot, and Rodríguez-Clare (2012).


Page:
Unknown


VIEW PDF

The preview is over

If you wish to continue, please create your membership or download this.

Create Membership

Similar Literature

Submit Feedback

This function is a member function, members do not limit the number of downloads