Author: Harry Bowen
Publisher: University of Michigan Press
ISBN: 9780472066704
Category : Business & Economics
Languages : en
Pages : 684
Book Description
An international trade text that integrates theoretical and applied methods
Applied International Trade Analysis
Author: Harry Bowen
Publisher: University of Michigan Press
ISBN: 9780472066704
Category : Business & Economics
Languages : en
Pages : 684
Book Description
An international trade text that integrates theoretical and applied methods
Publisher: University of Michigan Press
ISBN: 9780472066704
Category : Business & Economics
Languages : en
Pages : 684
Book Description
An international trade text that integrates theoretical and applied methods
Concentration in International Trade
Author: Michael Michaely
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 192
Book Description
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 192
Book Description
Economic Concentration
Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust and Monopoly
Publisher:
ISBN:
Category : Big business
Languages : en
Pages : 1126
Book Description
Publisher:
ISBN:
Category : Big business
Languages : en
Pages : 1126
Book Description
Hearings, Reports and Prints of the House Committee on Foreign Affairs
Author: United States. Congress. House. Committee on Foreign Affairs (1789-1975)
Publisher:
ISBN:
Category : Legislative hearings
Languages : en
Pages : 1356
Book Description
Publisher:
ISBN:
Category : Legislative hearings
Languages : en
Pages : 1356
Book Description
Foreign Commerce Weekly
Author:
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1572
Book Description
Publisher:
ISBN:
Category : United States
Languages : en
Pages : 1572
Book Description
Hearings
Author: United States. Congress. House. Committee on Foreign Affairs
Publisher:
ISBN:
Category :
Languages : en
Pages : 1156
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 1156
Book Description
The Intensive Margin in Trade
Author: Ana Fernandes
Publisher: International Monetary Fund
ISBN: 1484386175
Category : Business & Economics
Languages : en
Pages : 66
Book Description
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank’s Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50 percent of variation in exports is along the extensive margin—a quantitative victory for the Melitz framework. The remaining 50 percent on the intensive margin (exports per exporting firm) contradicts a special case of Melitz with Pareto-distributed firm productivity, which has become a tractable benchmark. This benchmark model predicts that, conditional on the fixed costs of exporting, all variation in exports across trading partners should occur on the extensive margin. We find that moving from a Pareto to a lognormal distribution allows the Melitz model to match the role of the intensive margin in the EDD. We use likelihood methods and the EDD to estimate a generalized Melitz model with a joint lognormal distribution for firm-level productivity, fixed costs and demand shifters, and use “exact hat algebra” to quantify the effects of a decline in trade costs on trade flows and welfare in the estimated model. The welfare effects turn out to be quite close to those in the standard Melitz-Pareto model when we choose the Pareto shape parameter to fit the average trade elasticity implied by our estimated Melitz-lognormal model, although there are significant differences regarding the effects on trade flows.
Publisher: International Monetary Fund
ISBN: 1484386175
Category : Business & Economics
Languages : en
Pages : 66
Book Description
The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank’s Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50 percent of variation in exports is along the extensive margin—a quantitative victory for the Melitz framework. The remaining 50 percent on the intensive margin (exports per exporting firm) contradicts a special case of Melitz with Pareto-distributed firm productivity, which has become a tractable benchmark. This benchmark model predicts that, conditional on the fixed costs of exporting, all variation in exports across trading partners should occur on the extensive margin. We find that moving from a Pareto to a lognormal distribution allows the Melitz model to match the role of the intensive margin in the EDD. We use likelihood methods and the EDD to estimate a generalized Melitz model with a joint lognormal distribution for firm-level productivity, fixed costs and demand shifters, and use “exact hat algebra” to quantify the effects of a decline in trade costs on trade flows and welfare in the estimated model. The welfare effects turn out to be quite close to those in the standard Melitz-Pareto model when we choose the Pareto shape parameter to fit the average trade elasticity implied by our estimated Melitz-lognormal model, although there are significant differences regarding the effects on trade flows.
Handbook of International Trade and Transportation
Author: Bruce A. Blonigen
Publisher: Edward Elgar Publishing
ISBN: 1785366157
Category : Business & Economics
Languages : en
Pages : 719
Book Description
International trade has grown rapidly over the past half century, accommodated by the transportation industry through concomitant growth and technological change. But while the connection between transport and trade flows is clear, the academic literature often looks at these two issues separately. This Handbook is unique in pulling together the key insights of each field while highlighting what we know about their intersection and ideas for future research in this relatively unexamined but growing area of study.
Publisher: Edward Elgar Publishing
ISBN: 1785366157
Category : Business & Economics
Languages : en
Pages : 719
Book Description
International trade has grown rapidly over the past half century, accommodated by the transportation industry through concomitant growth and technological change. But while the connection between transport and trade flows is clear, the academic literature often looks at these two issues separately. This Handbook is unique in pulling together the key insights of each field while highlighting what we know about their intersection and ideas for future research in this relatively unexamined but growing area of study.
Economic Implications of the Size of Nations
Author: Khalaf
Publisher: BRILL
ISBN: 9004625879
Category : History
Languages : en
Pages : 280
Book Description
Publisher: BRILL
ISBN: 9004625879
Category : History
Languages : en
Pages : 280
Book Description
National Power and the Structure of Foreign Trade
Author: Albert O. Hirschman
Publisher: Univ of California Press
ISBN: 9780520040823
Category : Business & Economics
Languages : en
Pages : 204
Book Description
Publisher: Univ of California Press
ISBN: 9780520040823
Category : Business & Economics
Languages : en
Pages : 204
Book Description