Add to ORKGIn this paper, we construct a simplified general oligopolistic equilibrium (GOLE) model, in which Smith's (1776) famous theory of division of labor is embedded. In the absence of labor market integration with trading countries, we show that trade liberalization promotes a reduction of the number of firms in each country and a deeper division of labor, thus increasing firm productivity and improving welfare. Our model suggests a new interpretation of the trade-induced firm productivity effect
This paper develops an oligopolistic model of international trade with het-erogeneous firms and endo...
This paper develops an intra-industry model of trade with heterogeneous firms to investigate the im...
Does trade liberalization increase aggregate productivity through reallocation toward more productiv...
In this paper, we construct a simplified general oligopolistic equilibrium (GOLE) model, in which Sm...
This paper incorporates the efficiency wage model of Shapiro and Stiglitz (1984) into a general olig...
Empirical evidence suggests that trade liberalization increases firm productivity. This paper offers...
We generalize Krugman's (1979) "new trade"model by allowing for an explicit production chain in whi...
This paper develops an oligopolistic model of international trade with heterogeneous firms and endog...
By constructing an intra-industry trade model with the division of labor within firms, this study ...
Empirical evidence suggests that trade liberalization increases firm productivity. This paper offers...
This paper develops an oligopolistic model of international trade with hetero-geneous firms to exami...
This paper develops a general equilibrium model of multi-product firms and analyzes their behavior d...
We generalize Krugman's (1979) ‘new trade’ model by allowing for an explicit production chain in whi...
Incorporating explicitly division of labor into a two-country general oligopolistic equilibrium mode...
This paper develops a general equilibrium model of multi-product firms and analyzes their behavior d...
This paper develops an oligopolistic model of international trade with het-erogeneous firms and endo...
This paper develops an intra-industry model of trade with heterogeneous firms to investigate the im...
Does trade liberalization increase aggregate productivity through reallocation toward more productiv...
In this paper, we construct a simplified general oligopolistic equilibrium (GOLE) model, in which Sm...
This paper incorporates the efficiency wage model of Shapiro and Stiglitz (1984) into a general olig...
Empirical evidence suggests that trade liberalization increases firm productivity. This paper offers...
We generalize Krugman's (1979) "new trade"model by allowing for an explicit production chain in whi...
This paper develops an oligopolistic model of international trade with heterogeneous firms and endog...
By constructing an intra-industry trade model with the division of labor within firms, this study ...
Empirical evidence suggests that trade liberalization increases firm productivity. This paper offers...
This paper develops an oligopolistic model of international trade with hetero-geneous firms to exami...
This paper develops a general equilibrium model of multi-product firms and analyzes their behavior d...
We generalize Krugman's (1979) ‘new trade’ model by allowing for an explicit production chain in whi...
Incorporating explicitly division of labor into a two-country general oligopolistic equilibrium mode...
This paper develops a general equilibrium model of multi-product firms and analyzes their behavior d...
This paper develops an oligopolistic model of international trade with het-erogeneous firms and endo...
This paper develops an intra-industry model of trade with heterogeneous firms to investigate the im...
Does trade liberalization increase aggregate productivity through reallocation toward more productiv...