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dc.contributor.authorMelitz, Marc J.
dc.contributor.authorBurstein, Ariel
dc.date.accessioned2017-12-14T19:23:00Z
dc.date.issued2013
dc.identifier.citationMelitz, Marc, and Ariel Burstein. 2013. "Trade Liberalization and Firm Dynamics." In Advances in Economics and Econometrics: Tenth World Congress (Econometric Society Monographs), vol. 2, ed. Daron Acemoglu, Manuel Arellano, and Eddie Dekel, 283-328. Cambridge, UK: Cambridge University Press.en_US
dc.identifier.isbn978-1107674165en_US
dc.identifier.urihttp://nrs.harvard.edu/urn-3:HUL.InstRepos:34557509
dc.description.abstractIn this paper, we analyze the transition dynamics associated with an economy's response to trade liberalization. We start by reviewing the recent literature that incorporates firm dynamics into models of international trade. We then build upon that literature to characterize the role of firm dynamics, export-market selection, firm-level innovation, sunk export costs, and firms' expectations regarding the time path of liberalization in generating those transition dynamics following trade liberalization. These modeling ingredients generate substantial aggregate transition dynamics as they shift and shape the endogenous distribution of firms over time. Our results show how the responses of trade volumes, innovation, and aggregate output can vary greatly over time depending on those modeling ingredients. This has important consequences for many issues in international economics that rely on predictions for the effects of globalization over time on those key aggregate outcomes.en_US
dc.description.sponsorshipEconomicsen_US
dc.language.isoen_USen_US
dc.publisherCambridge University Pressen_US
dc.relation.isversionofdoi:10.1017/CBO9781139060028.008en_US
dash.licenseOAP
dc.titleTrade Liberalization and Firm Dynamicsen_US
dc.typeMonograph or Booken_US
dc.date.updated2014-02-04T14:51:54Z
dc.description.versionAccepted Manuscripten_US
dc.relation.journalAdvances in Economics and Econometricsen_US
dash.depositing.authorMelitz, Marc J.
dc.date.available2017-12-14T19:23:00Z
dc.relation.bookAdvances in Economics and Econometrics Tenth World Congress: Applied Economicsen_US
dc.identifier.doi10.1017/CBO9781139060028.008*
workflow.legacycommentsoap.needman oap,request (MM) used MS from ssrn 2016-05-05 ADen_US
dash.contributor.affiliatedMelitz, Marc


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