.png){kind=icon}
返回
Globalization, Markups, and US Welfare
.png){kind=icon}
PRE
AI
DOI：10.1086/692695.png)
.png){kind=icon}
原文求助.png){kind=icon}
分享.png){kind=icon}
收藏
摘要
En 中文
This paper estimates the impact of globalization on markups, and the effect of changing markups on US welfare, in a monopolistic competition model. We work with symmetric translog preferences, which allow for endogenous markups and firm entry and exit, thereby changing product variety. We find that between 1992 and 2005, US import shares rose and US firms exited, leading to an implied fall in markups, while variety went up because of imports. US welfare rose by nearly 1 percent as a result of these changes, with product variety contributing one-half of that total and declining markups the other half.
Keyword:
SINGLE MARKET PROGRAM
TRADE LIBERALIZATION
MANUFACTURING-INDUSTRIES
INTERNATIONAL-TRADE
MONOPOLISTIC COMPETITION
PRODUCT DIFFERENTIATION
MULTIPRODUCT FIRMS
INCREASING RETURNS
EFFICIENCY
DISCIPLINE
AI总结
对已上传原文的论文进行重点信息的提取，主要内容包括：简要概述、研究摘要、背景介绍、关键亮点、图文解析、展望与总结。
期刊
IF:
6.3
论文数:
2.6K
被引数:
3.2W
机构
引用论文
分享收藏The impact of trade on intra-industry reallocations and aggregate industry productivity贸易对产业内再分配和产业总生产率的影响.png)
ECONOMETRICA
ECONOMETRICAIF7.1
PREAI
分享收藏
分享收藏
查看更多内容