A prospective review on New Economic Geography
JM Gaspar - The Annals of Regional Science, 2018 - Springer
This paper serves as an orientation towards the understanding of some of the contributions
and theoretical limitations in New Economic Geography and seeks to provide a prospective …
and theoretical limitations in New Economic Geography and seeks to provide a prospective …
Restoring the product variety and pro-competitive gains from trade with heterogeneous firms and bounded productivity
RC Feenstra - Journal of International Economics, 2018 - Elsevier
The monopolistic competition model in international trade offers three sources of gains from
trade beyond that of traditional comparative advantage: an endogenous expansion in …
trade beyond that of traditional comparative advantage: an endogenous expansion in …
Increasing returns, monopolistic competition, and international trade: Revisiting gains from trade
S Kokovin, P Molchanov, I Bykadorov - Journal of International Economics, 2022 - Elsevier
We study the canonical Krugman (1979) trade model with non-CES preferences that yield
autarky at finite trade costs. We prove a non-monotone impact of gradual trade liberalization …
autarky at finite trade costs. We prove a non-monotone impact of gradual trade liberalization …
Mobile capital, variable elasticity of substitution, and trade liberalization
C Chen, DZ Zeng - Journal of Economic Geography, 2018 - academic.oup.com
This article investigates the impact of trade liberalization on trade patterns, firm markups,
and firm locations in a two-factor monopolistic competition model that features variable …
and firm locations in a two-factor monopolistic competition model that features variable …
Impact of free trade agreement use on import prices
K Hayakawa, N Laksanapanyakul… - The World Bank …, 2019 - academic.oup.com
We examine the impact of free trade agreement (FTA) use on import prices. For this analysis,
we employ establishment-level import data with information on tariff schemes, that is, the …
we employ establishment-level import data with information on tariff schemes, that is, the …
On Trade Models with Variable Markups and Pareto-Distributed Productivity
I Aiba, A Tadokoro - Available at SSRN 4987558, 2024 - papers.ssrn.com
We provide more generalized properties of gains from trade and trade liberalization in
monopolistic competition models featuring firm heterogeneity characterized as Pareto …
monopolistic competition models featuring firm heterogeneity characterized as Pareto …
On the effects of income heterogeneity in monopolistically competitive markets
This paper studies the market and welfare effects of income heterogeneity in
monopolistically competitive product markets in the context of nonhomothetic preferences. In …
monopolistically competitive product markets in the context of nonhomothetic preferences. In …
ε‐ces preferences and trade
Kimball preferences possess properties that make them a powerful tool for multi‐sector
applied general equilibrium. While they are homothetic, they also can be made arbitrarily …
applied general equilibrium. While they are homothetic, they also can be made arbitrarily …
Market size, income heterogeneity, and trade
S Kichko, PM Picard - Economics Letters, 2024 - Elsevier
This paper studies the effects of market enlargement in the context of monopolistic
competition, variable markups, and income heterogeneity. Market enlargement increases …
competition, variable markups, and income heterogeneity. Market enlargement increases …
Symmetric tax competition and welfare with footloose capital
This paper examines the tax competition for mobile capital between two symmetric countries
in a monopolistic competition economy. Taxation generates its own distortions of location …
in a monopolistic competition economy. Taxation generates its own distortions of location …