Impact of country-specific fixed cost on the international location of firms, comparative advantage, and the distribution of trade gains / Koji Shintaku
Koji Shintaku;
(Graduate School of Economics Kyoto University, 2017)
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ABSTRACT We theoretically investigate how country-specific fixed (CSFCs) affect the international location of firms, comparative advantage, and the distribution of trade gains, by presenting a two-country trade model of monopolistic competition with CSFCs. Key settings are that the expenditure shares of a homogeneous good and composite differentiated good are constant, and that the only difference across countires is in terms of fixed costs (Ricardian aspect). E drive the following results. A country with smaller fixed costs (home country) has a greater-than-proportional share of the firms of differentiated goods, a comparative advantage in differentiated goods, and higher trade gains. A unilateral decrase in CSFCs of the home (foreign) country increases (reduces) these inequalities around the arbitrary trading qeuilibrium with incomplete specialization. When the CSFCs decrase bilaterally, the resulting impacts depend on the relative rate at which CSFCs change. |
| No. Panggil : | 330 KER 86:1-2 (2017) |
| Entri utama-Nama orang : | |
| Subjek : | |
| Penerbitan : | Japan: Graduate School of Economics Kyoto University, 2017 |
| Sumber Pengatalogan : | LibUI eng rda |
| ISSN : | 13496786 |
| Majalah/Jurnal : | The Kyoto Economic Review: Formerly The Kyoto University Economic Review |
| Volume : | Vol. 86, No. 1-2, 2017: Hal. 51-77 |
| Tipe Konten : | text |
| Tipe Media : | unmediated |
| Tipe Carrier : | volume |
| Akses Elektronik : | |
| Institusi Pemilik : | Universitas Indonesia |
| Lokasi : | Perpustakaan UI, Lantai 4, R. Koleksi Jurnal |
| No. Panggil | No. Barkod | Ketersediaan |
|---|---|---|
| 330 KER 86:1-2 (2017) | 03-18-612610985 | TERSEDIA |
| Ulasan: |
| Tidak ada ulasan pada koleksi ini: 20470852 |
