Endogenous firm heterogeneity and the dynamics of trade liberalization
成果类型：
Article
署名作者：
Ederington, Josh; McCalman, Phillip
署名单位：
University of Kentucky; University of California System; University of California Santa Cruz
刊物名称：
JOURNAL OF INTERNATIONAL ECONOMICS
ISSN/ISSBN：
0022-1996
DOI：
10.1016/j.jinteco.2007.07.001
发表日期：
2008
页码：
422-440
关键词：
摘要：
In this paper, we build a dynamic model with endogenous firm-level productivity that involves ex ante identical firms behaving differently in equilibrium. Heterogeneity arises in equilibrium as firms choose different dates to adopt a new technology. We investigate the effects of international trade on technological diffusion and show that trade has a generally positive impact on the equilibrium rate of adoption (and hence on firm-level productivity). In addition, the model can replicate the stylized fact that exporters are larger and more productive than non-exporters. Finally, we show how our model can be used to interpret the emerging empirical evidence on the firm-level productivity effects of CUSFTA. (c) 2007 Elsevier B.V. All rights reserved.