Comparative advantage and heterogeneous firms

被引：396

作者：

Bernard, Andrew B. ^{[1
]}

Redding, Stephen J.

Schott, Peter K.

机构：

[1] Tuck Sch Business, Dartmouth, NS, Canada

[2] NBER, Cambridge, MA 02138 USA

[3] Univ London London Sch Econ & Polit Sci, London WC2A 2AE, England

[4] Yale Univ, Sch Management, New Haven, CT 06520 USA

来源：

REVIEW OF ECONOMIC STUDIES | 2007年 / 74卷 / 01期

基金：

英国经济与社会研究理事会;

关键词：

D O I：

10.1111/j.1467-937X.2007.00413.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper examines how country, industry, and firm characteristics interact in general equilibrium to determine nations' responses to trade liberalization. When firms possess heterogeneous productivity, countries differ in relative factor abundance, and industries vary in factor intensity, falling trade costs induce reallocations of resources both within and across industries and countries. These reallocations generate substantial job turnover in all sectors, spur relatively more creative destruction in comparative advantage industries than in comparative disadvantage industries, and magnify ex ante comparative advantage to create additional welfare gains from trade. The improvements in aggregate productivity as countries liberalize dampen and can even reverse the real-wage losses of scarce factors.

引用

页码：31 / 66

页数：36

共 37 条

[1] Trade costs [J].