TRADE, WAGES, AND PRODUCTIVITY

• 成果类型: Article
• 署名作者: Behrens, Kristian; Mion, Giordano; Murata, Yasusada; Suedekum, Jens
• 署名单位: University of Quebec; University of Quebec Montreal; University of Surrey; Nihon University; Heinrich Heine University Dusseldorf; IZA Institute Labor Economics
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.12091
• 发表日期: 2014
• 页码: 1305-1348
• 关键词: monopolistic competition; MARKET; gains; models; FIRMS; US; differentiation; LIBERALIZATION; GLOBALIZATION; improvements

摘要

We develop a general equilibrium monopolistic competition model in which wages, productivity, consumption diversity, and markups respond to trade integration. We structurally estimate the model and simulate the impacts of removing all trade barriers generated by the Canada-U.S. border. Firm selection gets tougher by 8.09% in Canada and by 0.80% in the United States. Markups that consumers face, which are central to welfare, fall by up to 12.11% in Canadian provinces and by up to 2.82% in U.S. states. However, changes in markups measured at the firm level are ambiguous, thus providing a different piece of information.