Heterogeneous Productivity and the Gains from Trade and FDI
Abstract Nontraded goods account for a major share of GDP in most economies, but have not been incorporated in the welfare analysis of monopolistic-competition models with heterogeneous productivity. This paper extends Helpman, Melitz and Yeaple (American Economic Review 94(1):300–316, 2004) to expl...
Ausführliche Beschreibung
Gespeichert in:
| Autor*in: |
Choudhri, Ehsan U. [verfasserIn] |
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Artikel |
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Englisch |
| Erschienen: |
2012 |
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| Schlagwörter: |
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| Anmerkung: |
© Springer Science+Business Media New York 2012 |
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| Übergeordnetes Werk: |
Enthalten in: Open economies review - Springer US, 1990, 24(2012), 2 vom: 03. Mai, Seite 339-360 |
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| Übergeordnetes Werk: |
volume:24 ; year:2012 ; number:2 ; day:03 ; month:05 ; pages:339-360 |
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10.1007/s11079-012-9243-7 |
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| 520 | |a Abstract Nontraded goods account for a major share of GDP in most economies, but have not been incorporated in the welfare analysis of monopolistic-competition models with heterogeneous productivity. This paper extends Helpman, Melitz and Yeaple (American Economic Review 94(1):300–316, 2004) to explore welfare effects in the presence of a nontraded good. We derive new analytical results about how the gains from trade and FDI are determined and affected by key parameters in the case of symmetric countries. The model is calibrated to a country group that includes all major developed countries. The gains from openness (trade and FDI) are found to be substantial (between 3.24 and 6.27 per cent of income) even if nontraded goods represent a major part of the economy. Most of these gains are attributed to trade rather than FDI. | ||
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10.1007/s11079-012-9243-7 doi (DE-627)OLC2074643144 (DE-He213)s11079-012-9243-7-p DE-627 ger DE-627 rakwb eng 330 VZ Choudhri, Ehsan U. verfasserin aut Heterogeneous Productivity and the Gains from Trade and FDI 2012 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer Science+Business Media New York 2012 Abstract Nontraded goods account for a major share of GDP in most economies, but have not been incorporated in the welfare analysis of monopolistic-competition models with heterogeneous productivity. This paper extends Helpman, Melitz and Yeaple (American Economic Review 94(1):300–316, 2004) to explore welfare effects in the presence of a nontraded good. We derive new analytical results about how the gains from trade and FDI are determined and affected by key parameters in the case of symmetric countries. The model is calibrated to a country group that includes all major developed countries. The gains from openness (trade and FDI) are found to be substantial (between 3.24 and 6.27 per cent of income) even if nontraded goods represent a major part of the economy. Most of these gains are attributed to trade rather than FDI. Heterogeneous productivity Gains from trade Gains from FDI Marasco, Antonio aut Enthalten in Open economies review Springer US, 1990 24(2012), 2 vom: 03. Mai, Seite 339-360 (DE-627)170550273 (DE-600)1073291-3 (DE-576)025193554 0923-7992 nnns volume:24 year:2012 number:2 day:03 month:05 pages:339-360 https://doi.org/10.1007/s11079-012-9243-7 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC SSG-OLC-WIW GBV_ILN_26 GBV_ILN_31 GBV_ILN_60 GBV_ILN_70 GBV_ILN_2004 GBV_ILN_2006 GBV_ILN_2012 GBV_ILN_4012 GBV_ILN_4318 AR 24 2012 2 03 05 339-360 |
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10.1007/s11079-012-9243-7 doi (DE-627)OLC2074643144 (DE-He213)s11079-012-9243-7-p DE-627 ger DE-627 rakwb eng 330 VZ Choudhri, Ehsan U. verfasserin aut Heterogeneous Productivity and the Gains from Trade and FDI 2012 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer Science+Business Media New York 2012 Abstract Nontraded goods account for a major share of GDP in most economies, but have not been incorporated in the welfare analysis of monopolistic-competition models with heterogeneous productivity. This paper extends Helpman, Melitz and Yeaple (American Economic Review 94(1):300–316, 2004) to explore welfare effects in the presence of a nontraded good. We derive new analytical results about how the gains from trade and FDI are determined and affected by key parameters in the case of symmetric countries. The model is calibrated to a country group that includes all major developed countries. The gains from openness (trade and FDI) are found to be substantial (between 3.24 and 6.27 per cent of income) even if nontraded goods represent a major part of the economy. Most of these gains are attributed to trade rather than FDI. Heterogeneous productivity Gains from trade Gains from FDI Marasco, Antonio aut Enthalten in Open economies review Springer US, 1990 24(2012), 2 vom: 03. Mai, Seite 339-360 (DE-627)170550273 (DE-600)1073291-3 (DE-576)025193554 0923-7992 nnns volume:24 year:2012 number:2 day:03 month:05 pages:339-360 https://doi.org/10.1007/s11079-012-9243-7 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC SSG-OLC-WIW GBV_ILN_26 GBV_ILN_31 GBV_ILN_60 GBV_ILN_70 GBV_ILN_2004 GBV_ILN_2006 GBV_ILN_2012 GBV_ILN_4012 GBV_ILN_4318 AR 24 2012 2 03 05 339-360 |
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10.1007/s11079-012-9243-7 doi (DE-627)OLC2074643144 (DE-He213)s11079-012-9243-7-p DE-627 ger DE-627 rakwb eng 330 VZ Choudhri, Ehsan U. verfasserin aut Heterogeneous Productivity and the Gains from Trade and FDI 2012 Text txt rdacontent ohne Hilfsmittel zu benutzen n rdamedia Band nc rdacarrier © Springer Science+Business Media New York 2012 Abstract Nontraded goods account for a major share of GDP in most economies, but have not been incorporated in the welfare analysis of monopolistic-competition models with heterogeneous productivity. This paper extends Helpman, Melitz and Yeaple (American Economic Review 94(1):300–316, 2004) to explore welfare effects in the presence of a nontraded good. We derive new analytical results about how the gains from trade and FDI are determined and affected by key parameters in the case of symmetric countries. The model is calibrated to a country group that includes all major developed countries. The gains from openness (trade and FDI) are found to be substantial (between 3.24 and 6.27 per cent of income) even if nontraded goods represent a major part of the economy. Most of these gains are attributed to trade rather than FDI. Heterogeneous productivity Gains from trade Gains from FDI Marasco, Antonio aut Enthalten in Open economies review Springer US, 1990 24(2012), 2 vom: 03. Mai, Seite 339-360 (DE-627)170550273 (DE-600)1073291-3 (DE-576)025193554 0923-7992 nnns volume:24 year:2012 number:2 day:03 month:05 pages:339-360 https://doi.org/10.1007/s11079-012-9243-7 lizenzpflichtig Volltext GBV_USEFLAG_A SYSFLAG_A GBV_OLC SSG-OLC-WIW GBV_ILN_26 GBV_ILN_31 GBV_ILN_60 GBV_ILN_70 GBV_ILN_2004 GBV_ILN_2006 GBV_ILN_2012 GBV_ILN_4012 GBV_ILN_4318 AR 24 2012 2 03 05 339-360 |
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Abstract Nontraded goods account for a major share of GDP in most economies, but have not been incorporated in the welfare analysis of monopolistic-competition models with heterogeneous productivity. This paper extends Helpman, Melitz and Yeaple (American Economic Review 94(1):300–316, 2004) to explore welfare effects in the presence of a nontraded good. We derive new analytical results about how the gains from trade and FDI are determined and affected by key parameters in the case of symmetric countries. The model is calibrated to a country group that includes all major developed countries. The gains from openness (trade and FDI) are found to be substantial (between 3.24 and 6.27 per cent of income) even if nontraded goods represent a major part of the economy. Most of these gains are attributed to trade rather than FDI. © Springer Science+Business Media New York 2012 |
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Abstract Nontraded goods account for a major share of GDP in most economies, but have not been incorporated in the welfare analysis of monopolistic-competition models with heterogeneous productivity. This paper extends Helpman, Melitz and Yeaple (American Economic Review 94(1):300–316, 2004) to explore welfare effects in the presence of a nontraded good. We derive new analytical results about how the gains from trade and FDI are determined and affected by key parameters in the case of symmetric countries. The model is calibrated to a country group that includes all major developed countries. The gains from openness (trade and FDI) are found to be substantial (between 3.24 and 6.27 per cent of income) even if nontraded goods represent a major part of the economy. Most of these gains are attributed to trade rather than FDI. © Springer Science+Business Media New York 2012 |
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Abstract Nontraded goods account for a major share of GDP in most economies, but have not been incorporated in the welfare analysis of monopolistic-competition models with heterogeneous productivity. This paper extends Helpman, Melitz and Yeaple (American Economic Review 94(1):300–316, 2004) to explore welfare effects in the presence of a nontraded good. We derive new analytical results about how the gains from trade and FDI are determined and affected by key parameters in the case of symmetric countries. The model is calibrated to a country group that includes all major developed countries. The gains from openness (trade and FDI) are found to be substantial (between 3.24 and 6.27 per cent of income) even if nontraded goods represent a major part of the economy. Most of these gains are attributed to trade rather than FDI. © Springer Science+Business Media New York 2012 |
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Heterogeneous Productivity and the Gains from Trade and FDI |
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https://doi.org/10.1007/s11079-012-9243-7 |
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false |
| author2 |
Marasco, Antonio |
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Marasco, Antonio |
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170550273 |
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| doi_str |
10.1007/s11079-012-9243-7 |
| up_date |
2024-07-03T22:57:00.228Z |
| _version_ |
1803600443716141056 |
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