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Beyond the Home Market Effect: Market size and specialization in a multi-country world
Journal of International Economics. 2009. No. 79. P. 259-265.
Behrens K., Lamorgese A. R., Ottaviano G. I., Tabuchi T.
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
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
Kichko S., Kokovin S. G., Zhelobodko E. V., / Высшая школа экономики. Series WP BRP "Economics/EC". 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 ...
Added: April 3, 2014
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
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
Kichko S., Sergey Kokovin, Evgeny Zhelobodko, 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
Behrens K., Murata Y., Journal of Urban Economics 2009 No. 65 P. 228-235
Added: November 23, 2013
Bratersky M., Krickovic A., Gokmen G., / 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
Parenti M., Ushchev P., Thisse J., / Высшая школа экономики. Series WP BRP "Economics/EC". 2016. No. WP BRP 121/EC/2016.
We propose a general model of monopolistic competition which encompasses existing models while being flexible enough to take into account new demand and competition features. Even though preferences need not be additive and/or homothetic, the market outcome is still driven by the sole variable elasticity of substitution. We impose elementary conditions on this function to ...
Added: January 25, 2016
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
Osharin A., Verbus V. A., / EERC. Series "Labor markets and social policy". 2015. No. 15/03E.
The present paper extends the traditional Dixit and Stiglitz set-up by introducing consumers’ workers’ heterogeneity into a general equilibrium model of monopolistic competition. The model obtains a closed-form solution for a symmetric equilibrium and shows how the market outcome depends on the joint distribution of consumers’/workers’ taste and labor productivities. In contrast to the traditional ...
Added: March 8, 2016
Pokrovsky D. A., 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
Zuev V. N., Ostrovskaya E., Дунаева М. С., 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
Makarov I. A., Sokolova A., Пространственная экономика 2018 № 1 С. 16-36
This paper examines the changing patterns of transnational value chains in the AsiaPacific region. The methodology is based on the analysis of data extracted from the OECD – WTO Trade in Value Added Database (2016). The study demonstrates that 1) Asia-Pacific countries show extremely high involvement in the global value chains; 2) intra-Asian value chains ...
Added: October 20, 2017
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
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
Shapoval S., Гончаренко В. М., Пространственная экономика 2014 № 3 С. 12-25
The article deals with the theory of monopolistic competition under demand uncertainty. The authors consider the economy with labor immobility consisting of the high-tech sector with monopolistic competition and the standard sector with perfect competition. Preferences between sectors are specified by the Cobb – Douglas production function. It is assumed that companies make output
decisions under ...
Added: January 16, 2015
Behrens K., Murata Y., Journal of Economic Theory 2007 No. 136 P. 776-787
Added: November 23, 2013
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
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
Golovanova S., 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
Biryukova O. V., Матюхина А.И., 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
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
Zhelobodko E. V., Kokovin S. G., Parenti M. et al., Econometrica 2012 Vol. 80 No. 6 P. 2765-2784
We propose a model of monopolistic competition with additive preferences and variable marginal costs. Using the concept of "relative love for variety," we provide a full characterization of the free-entry equilibrium. When the relative love for variety increases with individual consumption, the market generates pro-competitive effects. When it decreases, the market mimics anti-competitive behavior. The ...
Added: February 5, 2013