TY  - GEN
AB  - This paper examines the various aspects of trade liberalization with heterogeneous firms using the Melitz (2003) model.We find a number of novel results and effects including a Stolper–Samuelson-like result and several results related to the volume of trade, which are empirically testable. We also analyze what might be called an anti-variety effect as the result of trade liberalization.We show that this effect is most pronounced for small countries.This resonates with the often voiced criticism from antiglobalists that globalization leads the world to become more homogeneous by eliminating local specialties. Nevertheless, we find that trade liberalization always leads to welfare gains in the model.
AU  - Baldwin, Richard E
AU  - Forslid, Rikard
DA  - 2010
DO  - 10.1111/j.1467-9361.2010.00545.x
DO  - doi
ID  - 292211
L1  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf
L1  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf?subformat=pdfa
L2  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf
L2  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf?subformat=pdfa
L4  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf
L4  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf?subformat=pdfa
LK  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf
LK  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf?subformat=pdfa
N2  - This paper examines the various aspects of trade liberalization with heterogeneous firms using the Melitz (2003) model.We find a number of novel results and effects including a Stolper–Samuelson-like result and several results related to the volume of trade, which are empirically testable. We also analyze what might be called an anti-variety effect as the result of trade liberalization.We show that this effect is most pronounced for small countries.This resonates with the often voiced criticism from antiglobalists that globalization leads the world to become more homogeneous by eliminating local specialties. Nevertheless, we find that trade liberalization always leads to welfare gains in the model.
PY  - 2010
T1  - Trade liberalization with heterogeneous firms
TI  - Trade liberalization with heterogeneous firms
UR  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf
UR  - https://repository.graduateinstitute.ch/record/292211/files/RDE_Baldwin_2010.pdf?subformat=pdfa
Y1  - 2010
ER  -