Heterogeneous firms

Heterogeneous Firms and Trade∗ - Harvard University

This chapter reviews the new approach to international trade based on firm heterogeneity in differen- tiated product markets. This approach explains a ...

Firm Heterogeneity

Facts on firm heterogeneity: • Are all firms identical? • Do all firms export? • Are exporters smaller or larger than other firms?

Heterogeneous Firms, Quality, and Trade - ScienceDirect

As in most heterogeneous firms trade models with quality choice, our model predicts that more productive firms have higher market shares, are more likely to ...

Comparative Advantage and Heterogeneous Firms

Other international trade models incorporating heterogeneous firms include Bernard, Eaton and Kortum (2003);. Helpman, Melitz and Yeaple (2004); Melitz and ...

Firm Heterogeneity and Aggregate Welfare

In the homogeneous firm model,. 2. Page 4. either all firms export or no firm exports. In contrast, in the heterogeneous firm model, there is the possibility of ...

Heterogeneous Firms and Trade - ScienceDirect.com

From a positive perspective, accounting for these features of disaggregated trade enhances the predictive power of our models for patterns of trade and ...

2 Firm heterogeneity and competitiveness in the European Union

Firms are very heterogeneous in terms of economic performance within even narrowly defined sectors, as is confirmed by the evidence provided in this article ...

Cities, Heterogeneous Firms, and Trade*

We rationalize this fact by marrying a standard quantitative spatial economics model with a heterogeneous firm model that features selection into the domestic ...

Cities, Heterogeneous Firms, and Trade | NBER

We document a novel stylized fact: Export activity is disproportionately concentrated in larger cities – even more so than overall economic activity.

International Trade with Heterogeneous Firms: Theory and Evidence

International trade is dominated by a small number of very large firms. Models of trade with heterogeneous firms have been developed to study the causes and ...

International Trade With Heterogeneous Firms: Theory and Evidence

The high heterogeneity in trade flows suggests that large and small exporters tend to coexist within any country-industry pair. The literature ...

Micro to Macro: Optimal Trade Policy With Firm Heterogeneity

Our main finding is that the self-selection of heterogeneous firms into exports calls for import subsidies on the least profitable foreign firms. The standard ...

Export Versus FDI with Heterogeneous Firms - Harvard University

Export Versus FDI with Heterogeneous Firms. By ELHANAN HELPMAN, MARC J. MELITZ, AND STEPHEN R. YEAPLE*. Multinational sales have grown at high rates over the ...

Financial Shock Transmission to Heterogeneous Firms

Our empirical evidence strongly supports the earnings-based borrowing constraint hypothesis. We find that global risk shocks have stronger and ...

Export Versus FDI with Heterogeneous Firms

Export Versus FDI with Heterogeneous Firms by Elhanan Helpman, Marc J. Melitz and Stephen R. Yeaple. Published in volume 94, issue 1, pages 300-316 of ...

Selection Effects with Heterogeneous Firms - Oxford Academic

We characterize how firms select between alternative ways of serving a market. “First-order” selection effects, whether firms enter or not, are extremely ...

Cities, Heterogeneous Firms, and Trade* - Sciences Po

We augment these models by allowing for firm heterogeneity and a mechanism of selection into exporting à la Melitz, which allows us to match the stylized facts ...

Theories of Heterogeneous Firms and Trade | Annual Reviews

This article reviews the recent theoretical literature on heterogeneous firms and trade, which emphasizes firm selection into international ...

The Empirics of Firm Heterogeneity and International Trade

This paper reviews the empirical evidence on firm heterogeneity in international trade. A first wave of empirical findings from micro data on plants and firms ...

Heterogeneous Firms and Trade - Centre for Economic Performance

This paper reviews the new approach to international trade based on firm heterogeneity in differentiated product markets. This approach explains a variety ...