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Large and small firms in a global market: David vs. Goliath
Journal of International Economics. 2018. Vol. 110. P. 103-118.
Parenti M.
Osharin A., Valery Verbus, Irina Bakunina et al., Journal of Economic Structures 2020 Vol. 9 P. 1-12
The paper develops a two-country monopolistic competition model of trade featuring country-specifc consumer tastes. The accounting for heterogeneity in tastes is achieved by assuming diferent elasticities of substitution in the CES utility function for diferent country consumers. The proposed framework extends the canonical Krugman’s approach by revealing new efects regarding markups response to consumer heterogeneity ...
Added: October 10, 2020
Slepov Fedor, Kokovin S. G., / National Research University Higher School of Economics. Series WP BRP "Basic research program". 2023. No. 262/EC/2023.
This paper develops a modeling technique of “attainable profit” functions, applying it to two models of monopolistic competition. First, it revisits the Krugman's classical trade model in the most general form: several asymmetric countries and non-specified additive utility functions. We establish the weakest conditions on utilities, sufficient for the existence of equilibria. These conditions are ...
Added: December 19, 2023
Osharin A., Verbus V. A., Journal of Economics 2018 Vol. 125 No. 3 P. 211-237
The paper considers a two-sector two-country trade model of monopolistic competition featuring the heterogeneity of consumer preferences and incomes within and across countries. The incorporation of heterogeneity into a monopolistic competition setting is achieved by assuming a nested Cobb–Douglas and CES utility function exhibiting both country and sector-specific consumer tastes and expenditure shares on manufacturing ...
Added: March 29, 2018
Kichko S., Kokovin S. G., Zhelobodko E. V., / Austrian Institute of Economic Research, Vienna Institute for International Economic Studies, Computing Centre for Economics and Social Sciences. Series FIW "FIW Working Paper". 2013. No. 124.
We develop a two-factor, two-sector trade model of monopolistic competition with variable elasticity of substitution. Firm profit and firm size may increase or decrease with market integration depending on the degree of asymmetry between countries. The country in which capital is relatively abundant is a net exporter of the manufactured good, while both firms' size ...
Added: November 19, 2013
Zhelobodko E. V., Kichko S., Ushchev P., Пространственная экономика 2013 № 3 С. 10-29
We study the impact of trade liberalization on the market of a differentiated good and consumers’ welfare. The economy involves two factors of production: labor and capital. We find that consumers always gain from trade liberalization. We also establish that the behavior of equilibrium price is independent of factor endowments’ structure in the countries involved ...
Added: November 18, 2013
Badalyan M. R., Levin M. I., Экономический журнал Высшей школы экономики 2017
This paper aims to review the existing theoretical and empirical studies of corruption in the customs service in order to identify opportunities for further research. The paper begins with a brief description of corruption in the customs service with an identification of key factors contributing to its development. This is followed by an overview of ...
Added: September 28, 2017
Zuev V. N., Ostrovskaya E., Дунаева М. С., Современная конкуренция 2014 № 2 (44) С. 37-54
Nowadays research of different international economic organizations concentrate more on global value chains (GVCs) analysis. Production processes of majority of goods are not limited to the production in a single country. Furthermore, involvement in different stages of production depends on the level of technological and innovative development of the country as well as on the ...
Added: May 1, 2014
Демина М. О., Проблемы Дальнего Востока 2016 № 3 С. 112-120
Во вступительной части статьи представлен краткий обзор результатов исследований ряда азиатских специалистов по вопросам взаимовлияния политического и экономического аспектов японо-китайских отношений во второй половине XX века. В основной части работы с использованием эконометрических методов выявляется взаимосвязь между политическими событиями и тенденциями развития торговых отношений Японии и КНР на современном этапе. Автор оценивает применимость либеральных теорий ...
Added: June 5, 2016
Pakhomov A., Biryukova O., Russian Economic Developments 2013 No. 5 P. 50-55
In mid-April 2013, the Secretariat of the World Trade Organization (WTO) published an annual analytical review on the basis of the results of development of the international trade in 2012 and the prospects of its development in 2013. The above document includes as well the initial statistical data on the global trade in goods and ...
Added: February 8, 2014
Shapoval S., V.M. Goncharenko, / The Economics Education and Research Consortium. Series WP 14/02E "A. Enterprises and product markets". 2014. No. 14/02E.
Inspired by advances in general equilibrium modelling with monopolistic competition were-consider the problem of the choice of firms under uncertainty, explore it in the framework of general equilibrium modelling, and develop a theory of monopolistic competition under demand uncertainty. We distinguish between two cases of uncertainty. In the first case the uncertainty disappears by the ...
Added: September 28, 2016
Parenti M., / CORE. Series CORE DP "CORE DP". 2013.
Added: November 20, 2013
Golovanova S., М. : ТЕИС, 2014
This study analyzes the effects of reducing trade barriers in the context of the objectives of competition policy. Separate chapters are devoted to the assessment of the height of Russian trade barriers, the analysis of the impact of international trade on domestic prices and concentration of production. ...
Added: October 5, 2014
Klochko O., Manuylov I., Мировая экономика и международные отношения 2019 № 4 С. 14-21
Participation of a country in global value chains is highly dependent on types of interaction with its major trading partners. The purpose of current research is to uncover the US influence on the Canadian pharmaceutical industry insertion into global value chains. The first part of the analysis is devoted to key trends of the US ...
Added: March 14, 2019
Kichko S., Economics Letters 2017 Vol. 158 P. 58-61
We derive a simple necessary and sufficient condition on preferences for the market outcome to be socially optimal under monopolistic competition with input-output (IO) linkages. Preferences that satisfy this condition are typically non-CES and display pro-competitive effects, although they converge to the CES when IO linkages become negligibly weak. We show that the equilibrium with ...
Added: June 17, 2017
Behrens K., Lamorgese A. R., Ottaviano G. I. et al., Journal of International Economics 2009 No. 79 P. 259-265
Added: November 23, 2013
Behrens K., Murata Y., Journal of International Economics 2012 No. 87 P. 1-17
We present a general equilibrium model of monopolistic competition featuring pro-competitive effects and a competitive limit, and investigate the impact of trade on welfare and efficiency. Contrary to the constant elasticity case, in which all gains from trade are due to product diversity, our model allows for a welfare decomposition between gains from product diversity ...
Added: November 23, 2013
Morozkina A., Skryabina V., М. : [б.и.], 2020
Article describes the current SDGs implementation by the BRICS countries. A general analysis LDCs and BRICS mutual trade shows a low involvement of least developed countries in trade with BRICS. Further the focus of the methodology of the study lies in computations of two trade indices and identification of new clusters of LDCs. The export ...
Added: November 27, 2020
СПб. : Санкт-Петербургский государственный университет, 2016
This collection includes scientific reports presented for participation in the International Conference: "The Evolution of the Global Trade System: problems and prospects" which took place on October 20-22, 2016 in St.Petersburg ...
Added: March 10, 2017
Kichko S., Behrens K., Ushchev P., / CESifo Group Munich. Series "CESifo working paper". 2018. No. WP6965.
We develop a general equilibrium model of monopolistic competition with a traded and a nontraded sector. Using a broad class of homothetic preferences—that generate variable markups, display a simple behavior of their elasticity of substitution, and nest the ces as a limiting case— we show that trade liberalization: (i) reduces domestic markups and increases imported ...
Added: April 26, 2018
Morozkina A., Skryabina V., Вестник международных организаций: образование, наука, новая экономика 2021 Т. 16 № 1 С. 85-106
The informal BRICS group (Brazil, Russia, India, China and South Africa) is actively working to solve the most acute global problems. This is why opportunities for implementing the sustainable development goals (SDGs) at BRICS summits is a topic for urgent research. This article discusses the prospects for achieving SDG 17.11 by the least developed countries ...
Added: June 21, 2021
Azarnert L. V., Macroeconomic Dynamics 2016 Vol. 20 P. 214-228
This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading economies. In contrast, reductions in transportation costs of non-industrial goods contribute to a ...
Added: January 31, 2018
Osharin A., Verbus V. A., / Высшая школа экономики. Series WP BRP "Economics/EC". 2016. No. WP BRP 131/EC/2016.
The paper considers a two-country trade model of monopolistic competition featuring the heterogeneity of consumer preferences both within and across countries. The incorporation of heterogeneity into a traditional monopolistic competition setting is achieved by assuming different elasticities of substitution in the CES utility function for different consumers. The proposed setup expands on the traditional model ...
Added: April 1, 2016
Kopnova E., Cogent Economics and Finance 2017 No. 5 P. 1-9
This work develops a statistical methodology of analysis of the international trade in virtual water in the context of sustainable evolution. Using the example of agriculture, the impact of the flows of virtual water in the composition of products using indicators related to social and environmental risks was investigated. In the analysis data from websites ...
Added: August 1, 2018
Kalimullina M., Орлов М. П., Heliyon 2020 Vol. 6 No. 11 P. E05355
This paper evaluates current food commodity trading from the Shariah point of view, which is particularly relevant for the MENA region. It focuses on futures contracts as the main instrument for grain trading and analyzes the traders’ activities. Through a qualitative and multifaceted approach, the paper accumulates and evaluates the suggestions for 15 Shariah-based alternatives ...
Added: November 2, 2020