Increasing returns, monopolistic competition, and international trade: Revisiting gains from trade Научная публикация
| Журнал |
Journal of International Economics
ISSN: 0022-1996 |
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| Вых. Данные | Год: 2022, Том: 137, Номер статьи : 103595, Страниц : 22 DOI: 10.1016/j.jinteco.2022.103595 | ||||||||
| Ключевые слова | Autarky; Harmful trade; Monopolistic competition; Trade gains; Variable markups | ||||||||
| Авторы |
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| Организации |
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Информация о финансировании (3)
| 1 | Российский фонд фундаментальных исследований | 18-010-00728 |
| 2 | Российский фонд фундаментальных исследований | 19-010-00910 |
| 3 | Институт математики им. С.Л. Соболева СО РАН | 0314-2019-0018 |
Реферат:
We study the canonical Krugman (1979) trade model with non-CES preferences that yield autarky at finite trade costs. We prove a non-monotone impact of gradual trade liberalization. At first, near autarky, emerging trade reduces world welfare, while at free trade it becomes large enough to be beneficial (Krugman's result). This non-monotonicity persists under heterogenous firms. The harmful small-scale trade is explained by variable markups and underpriced imports, which become socially excessive. Unlike protectionists, we argue that “liberalization should go far”. On the other hand, we show that anti-dumping measures can be viewed as a remedy for the aforementioned imports distortion.
Библиографическая ссылка:
Kokovin S.
, Molchanov P.
, Bykadorov I.
Increasing returns, monopolistic competition, and international trade: Revisiting gains from trade
Journal of International Economics. 2022. V.137. 103595 :1-22. DOI: 10.1016/j.jinteco.2022.103595 WOS Scopus РИНЦ OpenAlex
Increasing returns, monopolistic competition, and international trade: Revisiting gains from trade
Journal of International Economics. 2022. V.137. 103595 :1-22. DOI: 10.1016/j.jinteco.2022.103595 WOS Scopus РИНЦ OpenAlex
Даты:
| Поступила в редакцию: | 8 мая 2020 г. |
| Принята к публикации: | 10 февр. 2022 г. |
| Опубликована online: | 15 февр. 2022 г. |
| Опубликована в печати: | 8 июл. 2022 г. |
Идентификаторы БД:
| Web of science: | WOS:000820161400012 |
| Scopus: | 2-s2.0-85125490632 |
| РИНЦ: | 48186815 |
| OpenAlex: | W4213311891 |