کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
962946 930223 2014 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Allocative efficiency, mark-ups, and the welfare gains from trade
ترجمه فارسی عنوان
بازده مطلوب، برآورد و سود حاصل از تجارت
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی
This paper develops an index of allocative efficiency that depends upon the distribution of mark-ups across goods and is separable from an index of standard Ricardian gains from trade. It determines how changes in trade frictions affect allocative efficiency in an oligopoly model of international trade, decomposing the effect into the cost-change channel and the price-change channel. Formulas are derived shedding light on the signs and magnitudes of the two channels. In symmetric country models, trade tends to increase allocative efficiency through the cost-change channel, yielding a welfare benefit beyond productive efficiency gains. In contrast, the price-change channel has ambiguous effects on allocative efficiency.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Economics - Volume 94, Issue 2, November 2014, Pages 195-206
نویسندگان
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