Firms' export decisions - fixed trade costs and the size of the export market

• 成果类型: Article
• 署名作者: Medin, H
• 署名单位: Norwegian School of Economics (NHH)
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/S0022-1996(02)00076-4
• 发表日期: 2003
• 页码: 225-241
• 关键词: monopolistic competition; product differentiation; Home market effect; fixed trade costs

摘要

This article presents a model of international trade under monopolistic competition. In the increasing returns sector firms face fixed, in addition to variable, trade costs, and both exporters and non-exporters may coexist. Exporters benefit from access to large foreign markets, thus a small country has a higher share of exporting firms than a large one. In contrast to standard models, the increasing returns sector will be more open in a small country than in a large one, and a small country may be a net exporter of such commodities, despite the disadvantage of a smaller home market. (C) 2002 Elsevier B.V. All rights reserved.