Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/31396 
Erscheinungsjahr: 
2005
Schriftenreihe/Nr.: 
Working Paper No. 05-14
Verlag: 
University of California, Department of Economics, Davis, CA
Zusammenfassung: 
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 of goods previously not traded, price dispersion has not decreased and may even have increased. These observations challenge the usual understanding of integration in the literature. 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
Schlagwörter: 
trade costs versus productivity
JEL: 
F40
Dokumentart: 
Working Paper

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