ORCID Profile
0000-0002-4621-8406
Current Organisation
University of Melbourne
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Publisher: Elsevier BV
Date: 09-2009
Publisher: Elsevier BV
Date: 03-2001
Publisher: Elsevier BV
Date: 05-2012
Publisher: Elsevier BV
Date: 11-2008
Publisher: Oxford University Press (OUP)
Date: 08-2009
Publisher: Oxford University Press (OUP)
Date: 04-07-2013
Publisher: American Economic Association
Date: 10-2015
DOI: 10.1257/AER.20120549
Abstract: We study the procompetitive gains from international trade in a quantitative model with endogenously variable markups. We find that trade can significantly reduce markup distortions if two conditions are satisfied: (i) there is extensive misallocation, and (ii) opening to trade exposes hitherto dominant producers to greater competitive pressure. We measure the extent to which these two conditions are satisfied in Taiwanese producer-level data. Versions of our model consistent with the Taiwanese data predict that opening up to trade strongly increases competition and reduces markup distortions by up to one-half, thus significantly reducing productivity losses due to misallocation. (JEL D43, F12, F14, L13, L60, O47)
Publisher: Elsevier BV
Date: 03-1998
Publisher: American Economic Association
Date: 04-2002
No related grants have been discovered for Chris Edmond.