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Trade policy and industrial sector responses : using evolutionary models to interpret the evidence

Author: Erkan Erdem; James R Tybout; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, ©2003.
Series: Working paper series (National Bureau of Economic Research), no. 9947.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Abstract: Firm- and plant-level empirical studies typically find that trade liberalization squeezes price-cost margins among import-competing firms, that this heightened competitive pressure induces productivity gains among these same firms, and that further efficiency gains come from market share reallocations. Using a computable industrial evolution model to simulate the dynamic effects of import competition, we  Read more...
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Additional Physical Format: Print version:
Erdem, Erkan.
Trade policy and industrial sector responses.
Cambridge, Mass. : National Bureau of Economic Research, ©2003
(OCoLC)53095788
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Erkan Erdem; James R Tybout; National Bureau of Economic Research.
OCLC Number: 53706637
Notes: "August 2003."
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (35 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Working paper series (National Bureau of Economic Research), no. 9947.
Responsibility: Erkan Erdem, James Tybout.

Abstract:

Abstract: Firm- and plant-level empirical studies typically find that trade liberalization squeezes price-cost margins among import-competing firms, that this heightened competitive pressure induces productivity gains among these same firms, and that further efficiency gains come from market share reallocations. Using a computable industrial evolution model to simulate the dynamic effects of import competition, we demonstrate what types of managerial behavior, long-term transition paths and welfare effects are consistent with this set of stylized facts.

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