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addition to "productivity", firms are also heterogeneous in their "caliber" — the ability to produce quality using fewer fixed …We develop a model of international trade with export quality requirements and two dimensions of firm heterogeneity. In … inputs. Compared to single-attribute models of firm heterogeneity emphasizing either productivity or the ability to produce …
Persistent link: https://www.econbiz.de/10009477200
We formulate a duopoly model with international location choice in the presence of global common ownership. We theoretically examine how payoff interdependence caused by overlapping ownership such as common and cross ownership affects location and production choices, and resulting welfare. We...
Persistent link: https://www.econbiz.de/10015213275
view trade in goods as implicit exports/imports of risk and risk aversion. Specifically, we show that a relatively “risk …
Persistent link: https://www.econbiz.de/10015213817
To investigate questions related to migration and trade, a model of regional or international development is created by altering Melitz and Ottaviano (2008) to include a labor market. The model is then applied to analyze poverty traps and the home market effect. We find that in the spatial...
Persistent link: https://www.econbiz.de/10015213827
The New Economic Geography (NEG) provides a historical explanation for the spatial agglomeration of economic activity. One of its predictions, the ‘wage equation’, relates regional income to market accessibility. Although the NEG is a long-term theory, empirical literature has tested it...
Persistent link: https://www.econbiz.de/10015214096
The New Economic Geography (NEG) provides a historical explanation for the spatial agglomeration of economic activity. One of its predictions, the ‘wage equation’, relates regional income to market accessibility. Although the NEG is a long-term theory, empirical literature has tested it...
Persistent link: https://www.econbiz.de/10015214138
The New Economic Geography (NEG) provides a historical explanation for the spatial agglomeration of economic activity. One of its predictions, the ‘wage equation’, relates regional income to market accessibility. Although the NEG is a long-term theory, empirical literature has tested it...
Persistent link: https://www.econbiz.de/10015214143
The achievement of the New Economic Geography is that a way for formal declaration as a result of agglomeration economies of scale, transportation and mobile workforce is offered. Basic effects are always determined by centrifugal and centripetal forces. A finding of the basic model is that...
Persistent link: https://www.econbiz.de/10015214259
This book presents the reasons for which, given the globalization brought about by the ICT revolution, both liberalism and realism are ill suited as guides for international relations. And it argues in favor of a third option: institutionalism. The liberal ideal of progress and peace, brought...
Persistent link: https://www.econbiz.de/10015214332
To investigate questions related to migration and trade, a model of regional or international development is created by altering Melitz and Ottaviano (2008) to include a labor market. The model is then applied to analyze poverty traps and the home market effect. We find that in the spatial...
Persistent link: https://www.econbiz.de/10015214553