Journal ArticleDOI
Increasing returns, monopolistic competition, and international trade
TLDR
The authors developed a simple, general equilibrium model of non-comparative advantage trade and showed that trade and gains from trade will occur, even between countries with identical tastes, technology, and factor endowments.About:
This article is published in Journal of International Economics.The article was published on 1979-11-01. It has received 3756 citations till now. The article focuses on the topics: Trade barrier & New trade theory.read more
Citations
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The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
TL;DR: This paper developed a dynamic industry model with heterogeneous firms to analyze the intra-industry effects of international trade and showed how the exposure to trade will induce only the more productive firms to enter the export market (while some less productive firms continue to produce only for the domestic market).
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The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
TL;DR: In this paper, a dynamic industry model with heterogeneous firms is proposed to explain why international trade induces reallocations of resources among firms in an industry and contributes to a welfare gain.
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Scale Economies, Product Differentiation, and the Pattern of Trade
TL;DR: In this article, the authors present a simple formal analysis which incorporates these elements, and show how it can be used to shed some light on some issues which cannot be handled in more conventional models.
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Increasing Returns and Economic Geography
TL;DR: This paper developed a two-region, two-sector general equilibriun model of location, where the location of agricultural production is fixed, but ionopolistcally competitive manufacturing finns choose their location to maximize profits.
Journal ArticleDOI
Plants and Productivity in International Trade
Andrew B. Bernard,Andrew B. Bernard,Jonathan Eaton,J. Bradford Jensen,Samuel Kortum,Samuel Kortum,Samuel Kortum +6 more
TL;DR: In this paper, the authors reconcile trade theory with plant-level export behavior, extending the Ricardian model to accommodate many countries, geographic barriers, and imperfect competition, and examine the impact of globalization and dollar appreciation on productivity, plant entry and exit, and labor turnover.
References
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Monopolistic competition and optimum product diversity
Avinash Dixit,Joseph E. Stiglitz +1 more
TL;DR: In this article, Pettengill tests whether there is an excessive number of firms in a monopolistically competitive equilibrium by a device of considerable expository merit, and redistributes the resources thus released equally over the remaining firms in the sector, to see if welfare can be improved.