THE IMPACT OF TRADE LIBERALIZATION ON INDUSTRIAL PRODUCTIVITY

• 成果类型: Article
• 署名作者: Segerstrom, Paul S.; Sugita, Yoichi
• 署名单位: Stockholm School of Economics
• 刊物名称: JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
• ISSN/ISSBN: 1542-4766
• DOI: 10.1111/jeea.12140
• 发表日期: 2015
• 页码: 1167-1179
• 关键词: comparative advantage; firm heterogeneity; reallocations; improvements; DYNAMICS; gains; long; EXIT

摘要

An empirical finding by Trefler (2004, The Long and Short of the Canada-U.S. Free Trade Agreement, American Economic Review, 94(4), 870-895) and others that industrial productivity increases more strongly in liberalized industries than in nonliberalized industries has been widely accepted as evidence for theMelitz (2003, The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity, Econometrica, 71, 1695-1725) model. We show that under fairly standard assumptions a multi-industry version of the Melitz model does not predict this relationship. Instead, it predicts the opposite relationship that industrial productivity increases more strongly in nonliberalized industries than in liberalized industries.