Multi-Product Firms and Trade Liberalization
Multi-Product Firms and Trade Liberalization
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DOI：
10.2139/ssrn.1475707
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发表时间：
2006-12
期刊：
影响因子：
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通讯作者：
A. Bernard;S. Redding;Peter K. Schott
中科院分区：
文献类型：
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作者：
A. Bernard;S. Redding;Peter K. Schott
本文建立了一个国际贸易的一般均衡模型，该模型的特点是在产品、产品和国家之间进行选择。公司的出口决定取决于. rm“生产率“和. rm产品国“消费者口味”的综合因素，这两者在支付进入沉没成本之前都是随机和未知的。生产率较高的企业比生产率较低的企业向更多的国家出口更广泛的产品。贸易自由化导致资源的内源性重新分配，促进了区域经济体系内部和区域经济体系之间的生产力增长。根据经验，我们认为该模型的关键含义与美国贸易相一致
This paper develops a general equilibrium model of international trade that features selection across …rms, products and countries. Firms’export decisions depend on a combination of …rm “productivity”and …rm-product-country “consumer tastes”, both of which are stochastic and unknown prior to the payment of a sunk cost of entry. Higher-productivity …rms export a wider range of products to a larger set of countries than lower-productivity …rms. Trade liberalization induces endogenous reallocations of resources that foster productivity growth both within and across …rms. Empirically, we …nd key implications of the model to be consistent with U.S. trade