Unilateral Trade Liberalization in the Melitz Model: A Note

被引:0
|
作者
Felbermayr, Gabriel [1 ]
Jung, Benjamin [2 ]
机构
[1] Univ Munich, Ifo Inst Econ Res, Munich, Germany
[2] Univ Tubingen, Tubingen, Germany
来源
ECONOMICS BULLETIN | 2012年 / 32卷 / 02期
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D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
In the two-country Melitz (2003) model, unilateral trade liberalization is often cast as a reduction of iceberg transportation costs and wages are determined by a linear outside sector. We show that welfare results reverse when wages adjust and trade frictions are revenue-generating tariffs.
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页码:1724 / 1730
页数:7
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