Arbeitspapier
International Trade with Firm Heterogeneity in Factor Shares
This paper presents a trade model with capital and labor as factors of production. The main contribution of this paper is that it considers a new type of firm heterogeneity, which is empirically relevant: firms in this paper differ with respect to their factor shares in production. Therefore, this paper addresses the following four empirical facts on globalization, firms’ factor shares and factor prices: (i) firms within narrowly defined industries exhibit a large degree of heterogeneity in factor shares in production; (ii) exporters are, on average, more capital intensive than non—exporters; (iii) globalization decreases labor’s share in national income; (iv) the larger the share of exporters in the industry, the larger the increase in the industry’s wages due to globalization.
- Sprache
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Englisch
- Erschienen in
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Series: Tinbergen Institute Discussion Paper ; No. 09-020/1
- Klassifikation
-
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Production, Pricing, and Market Structure; Size Distribution of Firms
- Thema
-
two—factor trade model
firm heterogeneity in factor shares
Intraindustrieller Handel
Produktionsfaktor
Faktorpreis
Allgemeines Gleichgewicht
Mehr-Sektoren-Modell
Optimales Wachstum
Außenwirtschaftstheorie
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Namini, Julian Emami
- Ereignis
-
Veröffentlichung
- (wer)
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Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Namini, Julian Emami
- Tinbergen Institute
Entstanden
- 2009