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
Englisch

Erschienen in
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)
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

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