International trade and firm-level markups when location and quality matter

被引：56

作者：

Bellone, Flora ^{[1
,2
]}

Musso, Patrick ^{[1
,2
,3
]}

Nesta, Lionel ^{[2
,4
,5
]}

Warzynski, Frederic ^{[6
]}

机构：

[1] Univ Nice Sophia Antipolis, F-06560 Valbonne, France

[2] Gredeg, F-06560 Valbonne, France

[3] OFCE SKEMA Business Sch, F-06560 Valbonne, France

[4] OFCE SciencesPo, F-06560 Valbonne, France

[5] SKEMA Business Sch, F-06560 Valbonne, France

[6] Aarhus Univ, DK-8210 Aarhus, Denmark

来源：

JOURNAL OF ECONOMIC GEOGRAPHY | 2016年 / 16卷 / 01期

关键词：

Markups; productivity; exports; firm-level data; France; HETEROGENEOUS FIRMS; MARKET-SIZE; PRODUCTIVITY; COMPETITION; ECONOMIES; SELECTION; INDUSTRY; PRICES; IMPACT; WAGES;

D O I：

10.1093/jeg/lbu045

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In this article, we estimate firm-level markups and test some micro-level predictions of a model of international trade with heterogeneous firms and endogenous markups. Our theoretical framework is an extended version of the Melitz and Ottaviano (2008, Review of Economic Studies 75, 295-316) (MO) model that features both quality and spatial differentiation across firms. In line with our model, we find that firm markups are positively related to firm productivity and negatively related to the toughness of local competition. Considering the relationship between firm markups and exports, we find evidence that markups are higher for exporters, what appears to indicate that the quality-enhancing channel overbalances the price-depressing channel of global competition.

引用

页码：67 / 91

页数：25

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