Trade Patterns and Export Pricing Under Non-Ces Preferences
Economics/EC. WP BRP. Высшая школа экономики , 2014. No. WP BRP 54/EC/2014.
We develop a two-factor, two-sector trade model of monopolistic competition with variable elasticity of substitution. Firms' profits and sizes 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, although both firm sizes and profits are lower in this country than in the country where capital is relatively scarce. The pricing policy adopted by firms neither depends on capital endowment nor country asymmetry. It is determined by the nature of preferences: when demand elasticity increases (decreases) with consumption, firms practice dumping (reverse-dumping)
, , , Trade Patterns and Export Pricing Under Non-CES Preferences / . 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
, , , Journal of International Economics 2014 No. 94 P. 129-142
We develop a two-factor, two-sector trade model of monopolistic competition with variable elasticity of sub- stitution. Firms' prots and sizes 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 manu- factured good, although both rm ...
Added: June 19, 2014
, , et al., Journal of International Economics 2009 No. 79 P. 259-265
Added: November 23, 2013
Структура факторов производства и интеграция рынков в двухфакторной модели монополистической конкуренции
, , , 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
, , Heterogeneous Consumers and Trade Patterns in a Monopolistically Competitive Setting / 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
, , Экономический журнал Высшей школы экономики 2017 Т. 21 № 1 С. 9-31
We study the consequences of opening trade between developed and developing countries. To this end, we develop a two-factor general equilibrium model of international trade with variable markups and two countries which differ in relative factor endowments. We show that the more developed country (a country with a higher relative capital endowment) is characterized by ...
Added: March 9, 2017
, Аудит и финансовый анализ 2013 № 6 С. 154-160
The paper develops a one-sector model of monopolistic competition with heterogeneous consumers, which preferences depend upon their personal income. The model is used for the analysis of the mark-ups dependence on the inequality of consumers’ income distribution and average wage. The paper shows that mark-ups can ambiguously depend upon income inequality at fixed average income, ...
Added: November 14, 2013
, , 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
, Известия Волгоградского государственного технического университета 2016 № 13 С. 120-131
The foreign economic activity of Russia has undergone major changes lately. Shift from the European partnership towards cooperation with the BRICS and CIS countries leads to the territorial rearrangement of the economic structure. To the maximum extent all these factors impact on development of the export regions. Under the conditions of changing foreign economic priorities ...
Added: April 21, 2017
, Торговая политика 2015 № 3 С. 117-130
Одной из основных тенденций современных международных отношений является участие стран в региональных интеграционных группировках с целью расширения экономических и политических связей. Российская Федерация имеет недостаточный опыт участия в таких объединениях со странами дальнего зарубежья, что в совокупности с заинтересованностью многих государств в заключении с ней соглашений о свободной торговле, может привести к принятию поспешных решений ...
Added: February 29, 2016
, , Финансы: теория и практика 2016 Т. 20 № 6 С. 78-84
In the article the analysis of the influence of economic sanctions on the processes of Russia’s political and economic self-identification is carried out. Also the evaluation of reciprocal measures of Russia is carried out. The conducted research has shown that for stabilization of Russian economy it is necessary not only to re-direct the foreign trade relations, but also to ...
Added: September 15, 2016
, , et al., Regional Science and Urban Economics 2007 No. 37 P. 625-648
Added: November 23, 2013
, , , Market Size, Entrepreneurship, and Income Inequality / Centre for Economic Policy Research. Series ISSN 0265-8003 "Centre for Economic Policy Research Discussion Paper Series". 2014. No. DP9831.
We develop a monopolistic competition model with two sectors and heterogeneous agents who self-select into entrepreneurship, depending on entrepreneurial ability. The effect of market size on the equilibrium share of entrepreneurs crucially hinges on properties of the lower-tier utility function for differentiated varieties – its elasticity of substitution and its Arrow-Pratt index of relative risk ...
Added: June 16, 2014
, , , It's Not the Economy Stupid! Is Russia-US Trade Really Underdeveloped? A Test Using Gravity Models / Издательский дом НИУ ВШЭ. Series IR "International Relations". 2016.
Politicians, pundits and experts in both Russia and the US frequently bemoan the “underdevelopment” of US-Russia trade, arguing that political factors have inhibited the development of economic ties. It is also often argued that political relations between the two countries would also be more cooperative and less conflictual if these ties developed up to their ...
Added: September 14, 2016
, , , Журнал Новой экономической ассоциации 2013 № 19 С. 10-26
The paper studies a market of horizontally differentiated good under increasing return to scale and exogenous number of firms. Three concepts of equilibria are compared: Cournot, Bertrand and monopolistic competition. Under fairly general assumptions on consumer’s preferences, it is shown that Lerner index is the highest in Cournot case, monopolistic competition provides the lowest one ...
Added: November 14, 2013
, , Латинская Америка 2016 № 9 С. 41-54
The article provides an analysis of BRICS countries’ participation in the international ICT services trade. An estimation of revealed comparative advantage indicators allowed us to determine the dynamics in comparative advantage for ICT service trade in BRICS. The authors consider current trends and challenges in the development of national markets for these services in each ...
Added: September 21, 2016
, Балтийский регион 2011 Т. 2 № 8 С. 39-47
This article assesses the level of openness of Russian economy. It is shown that the open-ness indicators used in the Concept of Long-term Social and Economic Development of the Russian Federation differ from those employed by international organisations. The present research analyses both the intensity of Russian trade in terms of its gross domestic product ...
Added: September 10, 2012
, 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
, , , Международная экономика 2014 № 3 С. 17-29
Trade restrictions on the way to “green” economy: a survival tool or a new protectionism The article considered the new risks of controls in national and international trade that affect the conditions of access of goods to national markets and the development of protectionism. The authors argue that the international community developed mechanisms to protect ...
Added: October 13, 2014
, Пространственная экономика 2014 № 2 С. 9-39
This paper is addressed to explanation of differentiation of economics in structure of labor market and income distribution. In order to this aim the author develops a model of endogenous formation of entrepreneurship in economics with heterogeneous agents. The nature of heterogeneity is non-trivial distribution of entrepreneurial abilities across individuals. The impact of form and ...
Added: June 16, 2014
Развитие национальных экономик в рамках ГЦСС: причины и формы встраивания стран в глобальные цепочки создания стоимости
, , , Вестник Университета (Государственный университет управления) 2014 № 4 С. 107-116
Contemporary research of different international organizations such as OECD, WTO and UNCTAD concentrate more on global value chains (GVCs) analysis. The article is devoted to reasons for rising fragmentation of production in the world economy and forms of participation in GVCs, which are chosen by countries. The article demonstrates theoretical framework for various forms of ...
Added: May 1, 2014
, , Journal of Urban Economics 2009 No. 65 P. 228-235
Added: November 23, 2013
, Product Diversity in a Vertical Distribution Channel under Monopolistic Competition / Economics Education and Research Consortium. Series "EERC Working Paper Series". 2010. No. 10/03E.
In Russia the chain-stores gained a considerable market power. In the paper we combine a Dixit-Stiglitz industry with a monopolistic retailer. The questions addressed are: Does the retailer always deteriorate welfare, prices and variety of goods? Which market structure is worse: Nash or Stackelberg behavior? What should be the public policy in this area? ...
Added: November 17, 2013
, Известия Уральского федерального университета. Серия 3: Общественные науки 2011 Т. 88 № 1 С. 112-123
The article is devoted to the analysis of trends in international trade development in Russia in the period following trade liberalization. Using statistical data analysis changes in scale and the structure of international trade since the first years of economic reforms in Russia are estimated. ...
Added: November 14, 2012