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International Trade With Heterogeneous Firms


International Trade With Heterogeneous Firms
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International Trade With Heterogeneous Firms


International Trade With Heterogeneous Firms
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Author : Alessandra Bonfiglioli
language : en
Publisher:
Release Date : 2021

International Trade With Heterogeneous Firms written by Alessandra Bonfiglioli and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021 with Business enterprises categories.


International trade is dominated by a small number of very large firms. Models of trade with heterogeneous firms have been developed to study the causes and consequences of this observation. The canonical model of trade with heterogeneous firms shows that trade leads to between-firm reallocations and selection: it shifts employment towards firms with the best attributes and forces marginal firms to exit. The model also illustrates the role of heterogeneity, and its various sources, in explaining the volume of trade and the firm-level margins of adjustment. Consistent with the model, earlier empirical studies have documented that exporting is a rare activity, that exporting firms are larger and more productive than other firms, and that trade liberalization reallocates market shares towards the best-performing firms in various countries. More recent studies using transaction-level data have unveiled additional salient features of trade flows. First, sales by foreign firms are very heterogeneous and highly concentrated. Second, both the extensive margin (number of exporting firms) and the intensive margin (average export per firm) are important in explaining the level of exports and its changes over time. More heterogeneity in sales across firms is associated with a higher volume of trade along both margins. Third, increased foreign competition reallocates market shares towards top firms and hence can increase concentration from any country of origin. Numerous extensions of the benchmark model have been proposed to study other important aspects, such as the relevance of multi-product and multinational firms and the extent to which heterogeneity is endogenous to firms' choices, but some open challenges still remain.



Essays On International Trade With Heterogeneous Firms


Essays On International Trade With Heterogeneous Firms
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Author : Luca David Opromolla
language : en
Publisher:
Release Date : 2006

Essays On International Trade With Heterogeneous Firms written by Luca David Opromolla and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Chile categories.




Theoretical And Empirical Analysis Of International Trade With Heterogeneous Firms


Theoretical And Empirical Analysis Of International Trade With Heterogeneous Firms
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Author : Na Yang
language : en
Publisher:
Release Date : 2008

Theoretical And Empirical Analysis Of International Trade With Heterogeneous Firms written by Na Yang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with International trade categories.




Structural Estimation And Solution Of International Trade Models With Heterogeneous Firms


Structural Estimation And Solution Of International Trade Models With Heterogeneous Firms
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Author : Edward J. Balistreri
language : en
Publisher:
Release Date : 2008

Structural Estimation And Solution Of International Trade Models With Heterogeneous Firms written by Edward J. Balistreri and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.




Firm Heterogeneity And Multiproduct Firms In International Trade


Firm Heterogeneity And Multiproduct Firms In International Trade
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Author : Hong Ma
language : en
Publisher:
Release Date : 2009

Firm Heterogeneity And Multiproduct Firms In International Trade written by Hong Ma and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.




Essays In International Trade With Heterogeneous Firms


Essays In International Trade With Heterogeneous Firms
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Author : Gonzague Vannoorenberghe
language : en
Publisher:
Release Date : 2009

Essays In International Trade With Heterogeneous Firms written by Gonzague Vannoorenberghe and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.




Firms In International Trade


Firms In International Trade
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Author : Andrew B. Bernard
language : en
Publisher:
Release Date : 2007

Firms In International Trade written by Andrew B. Bernard and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business enterprises categories.


Despite the fact that importing and exporting are extremely rare firm activities, economists generally devote little attention to the role of firms when discussing international trade. This paper summarizes key differences between trading and non-trading firms, demonstrates how these differences present a challenge to standard trade models and shows how recent "heterogeneous-firm" models of international trade address these challenges. We then make use of transaction-level U.S. trade data to introduce a number of new stylized facts about firms and trade. These facts reveal that the extensive margins of trade -- that is, the number of products firms trade as well as the number of countries with which they trade -- are central to understanding the well-known role of distance in dampening aggregate trade flows.



Financial Constraints And International Trade For Heterogeneous Firms


Financial Constraints And International Trade For Heterogeneous Firms
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Author : Kwang-Myoung Hwang
language : en
Publisher:
Release Date : 2009

Financial Constraints And International Trade For Heterogeneous Firms written by Kwang-Myoung Hwang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Commerce categories.




Essays On Firm Heterogeneity And Quality In International Trade


Essays On Firm Heterogeneity And Quality In International Trade
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Author : Eddy Bekkers
language : en
Publisher: Rozenberg Publishers
Release Date : 2008

Essays On Firm Heterogeneity And Quality In International Trade written by Eddy Bekkers and has been published by Rozenberg Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.


The thesis is organized as follows. Chapter 2 contains a survey of the three most in‡fluential models on fi…rm heterogeneity and of the most important empirical work on firrm heterogeneity. The chapter starts with a brief review of the homogeneous productivity imperfect competition literature. Chapter 2 …finishes with a comparison of the three most in‡fluential models of fi…rm heterogeneity and the oligopoly model put forward in the thesis. Chapter 3 addresses exporting uncertainty under heterogeneous popularity. Chapter 4 contains the chapter on …firm heterogeneity under oligopoly. Chapter 5 constitutes the models on …firm heterogeneity and endogenous quality. Chapter 6 points out the within-sector specialization model. Chapter 7 addresses the effect of importer characteristics on unit values and the role of markups and quality to explain this effect. Chapter 8 concludes.



Heterogeneous Firms And Trade


Heterogeneous Firms And Trade
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Author :
language : en
Publisher:
Release Date : 2012

Heterogeneous Firms And Trade written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Economics categories.