Capacity Constraining Labor Market Frictions in a Global Economy
Capacity Constraining Labor Market Frictions in a Global Economy
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全球经济中劳动力市场的产能限制摩擦
DOI：
10.2139/ssrn.1938932
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发表时间：
2011
期刊：
影响因子：
--
通讯作者：
Mario Larch
中科院分区：
文献类型：
--
作者：
C. Holzner;Mario Larch
空缺产生成本的增加决定了企业对贸易自由化的反应。它们通过增加公司的生产成本而导致能力限制，使利润最大化的公司不能充分满足增加的外国需求。因此，公司将只服务于少数出口市场。生产率较高的公司将向更多的国家出口，并收取比生产率较低的公司更高或类似的价格。贸易自由化也影响劳动力市场的结果。出口公司利润的增加触发了公司进入，减少了失业，并增加了垄断竞争的在职求职模式中的工资差距。
Convex vacancy creation costs shape firms’ responses to trade liberalization. They induce capacity constraints by increasing firms’ cost of production, leading a profit maximizing firm not to fully meet the increased foreign demand. Hence, firms will only serve a few export markets. More productive firms will export to more countries and charge higher or similar prices compared to less productive firms. Trade liberalization also affects labor market outcomes. Increased profits by exporting firms triggers firm entry, reduces unemployment and increases wage dispersion in the on-the-job search model with monopolistic competition.