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

被引：58
|
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
收藏
页码：67 / 91
页数：25
相关论文
共 50 条
  • [41] Regionalism, international trade, and multinational firm location
    Ethier, WJ
    [J]. RESEARCH IN GLOBAL STRATEGIC MANAGEMENT, VOL 6 - 1998: MULTINATIONAL LOCATION STRATEGY, 1998, 6 : 3 - 28
  • [42] Correction to: Services versus goods trade: a firm-level comparison
    Andrea Ariu
    [J]. Review of World Economics, 2019, 155 : 601 - 601
  • [43] Trade Liberalization and Investment: Firm-level Evidence from Mexico
    Kandilov, Ivan T.
    Leblebicioglu, Ash
    [J]. WORLD BANK ECONOMIC REVIEW, 2012, 26 (02): : 320 - 349
  • [44] Judicial quality, contract intensity and trade: Firm-level evidence from developing and transition countries
    Ma, Yue
    Qu, Baozhi
    Zhang, Yifan
    [J]. JOURNAL OF COMPARATIVE ECONOMICS, 2010, 38 (02) : 146 - 159
  • [45] Trade Between North Korea and China: Firm-Level Analysis
    Jung, Seung-Ho
    Kim, Byung-Yeon
    [J]. EMERGING MARKETS FINANCE AND TRADE, 2018, 54 (07) : 1475 - 1489
  • [46] Does Compliance Pay? Social Standards and Firm-Level Trade
    Distelhorst, Greg
    Locke, Richard M.
    [J]. AMERICAN JOURNAL OF POLITICAL SCIENCE, 2018, 62 (03) : 695 - 711
  • [47] The Distributional Consequences of Preferential Trade Liberalization: Firm-Level Evidence
    Baccini, Leonardo
    Pinto, Pablo M.
    Weymouth, Stephen
    [J]. INTERNATIONAL ORGANIZATION, 2017, 71 (02) : 373 - 395
  • [48] Trade policy under firm-level heterogeneity in a small economy
    Demidova, Svetlana
    Rodriguez-Clare, Andres
    [J]. JOURNAL OF INTERNATIONAL ECONOMICS, 2009, 78 (01) : 100 - 112
  • [49] Why countries trade - Insights from firm-level data
    Davis, DR
    Weinstein, DE
    [J]. JOURNAL OF THE JAPANESE AND INTERNATIONAL ECONOMIES, 2003, 17 (04) : 432 - 447
  • [50] Measuring and explaining firm-level exchange rate exposure: The role of foreign market destinations and international trade
    Van Cauwenberge, Annelies
    Vancauteren, Mark
    Braekers, Roel
    Vandemaele, Sigrid
    [J]. ECONOMIC MODELLING, 2021, 105
12345