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Book/Printed Material Tradability, productivity, and understanding international economic integration

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Title

  • Tradability, productivity, and understanding international economic integration

Summary

  • "This paper develops a two-country macro model with endogenous tradability to study features of international economic integration. Recent episodes of integration in Europe and North America suggest some surprising observations: while quantities of trade have increased significantly, especially along the extensive margin, price dispersion has not decreased and may even have increased. We propose a way of reconciling these price and quantity observations in a macroeconomic model where the decision of heterogeneous firms to trade internationally is endogenous. Trade is shaped both by the nature of heterogeneity--trade costs versus productivity--and by the nature of trade policies--cuts in fixed costs versus cuts in per unit costs like tariffs. For example, in contrast to tariff cuts, trade policies that work mainly by lowering various fixed costs of trade may have large effects on entry decisions at the extensive margin without having direct effects on price-setting decisions. Whether this entry raises or lowers overall price dispersion depends on the type of heterogeneity that distinguishes the new entrants from incumbent traders"--National Bureau of Economic Research web site.

Names

  • Bergin, Paul R.
  • Glick, Reuven
  • National Bureau of Economic Research

Created / Published

  • Cambridge, MA : National Bureau of Economic Research, c2005.

Headings

  • -  Costs, Industrial--Mathematical models
  • -  Industrial productivity--Mathematical models
  • -  International economic integration--Mathematical models
  • -  International trade--Mathematical models
  • -  Europe--Commercial policy
  • -  North America--Commercial policy

Notes

  • -  Title from PDF file as viewed on 9/30/2005.
  • -  Includes bibliographical references.
  • -  Also available in print.
  • -  Mode of access: World Wide Web.
  • -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

  • HB1

Digital Id

Library of Congress Control Number

  • 2005620330

Access Advisory

  • Unrestricted online access

Online Format

  • image
  • pdf

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Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

Bergin, Paul R, Reuven Glick, and National Bureau Of Economic Research. Tradability, Productivity, and Understanding International Economic Integration. Cambridge, MA: National Bureau of Economic Research, 2005. Pdf. https://aj.sunback.homes/item/2005620330/.

APA citation style:

Bergin, P. R., Glick, R. & National Bureau Of Economic Research. (2005) Tradability, Productivity, and Understanding International Economic Integration. Cambridge, MA: National Bureau of Economic Research. [Pdf] Retrieved from the Library of Congress, https://aj.sunback.homes/item/2005620330/.

MLA citation style:

Bergin, Paul R, Reuven Glick, and National Bureau Of Economic Research. Tradability, Productivity, and Understanding International Economic Integration. Cambridge, MA: National Bureau of Economic Research, 2005. Pdf. Retrieved from the Library of Congress, <aj.sunback.homes/item/2005620330/>.