Research

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Title
Author(s)
Year
2016
We put forward a framework to evaluate the potential impact of international competition on firm performance, and we highlight two points. First, it is important to consider effects on productive efficiency and market power in an integrated framework. ...
Gene Grossman
2016
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project ...
2016
This paper examines how prices, markups and marginal costs respond to trade liberalization. We develop a framework to estimate markups from production data with multi-product firms. This approach does not require assumptions on the market structure or ...
2014
In this article, we introduce an empirical framework to analyze how firm performance is affected by increased globalization. Using this framework, we discuss recent work on measuring the impact of various shocks firms face in the global marketplace, such ...
2013
Learning by exporting refers to the mechanism whereby a firm's performance improves after entering export markets. This mechanism is often mentioned in policy documents, but many econometric studies have not found corroborating evidence. I show that ...
Oleg Itskhoki
Stephen Redding
2013
Oleg Itskhoki Stephen Redding May, 2013 With Anders Akerman, Elhanan Helpman, and Marc-Andreas Muendler; American Economic Review, Vol. 103, Issue 3 Employment Labor Microeconomics Trade Economics and Finance itskhoki_redding_sources_of_wage_inequality ...
Oleg Itskhoki
Stephen Redding
2013
While neoclassical theory emphasizes the impact of trade on wage inequality between occupations and sectors, more recent theories of firm heterogeneity point to the impact of trade on wage dispersion within occupations and sectors. Using linked employer ...
Stephen Redding
2012
This paper reviews the new approach to international trade based on firm heterogeneity in differentiated product markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity of exporters ...
Oleg Itskhoki
2012
We document the behavior of trade prices during the Great Trade Collapse of 2008-09 using transaction-level data from the U.S. Bureau of Labor Statistics. First, we find that differentiated manufactures exhibited marked stability in their trade prices ...
2012
This paper examines how prices, markups and marginal costs respond to trade liberalization. We develop a framework to estimate markups from production data with multi-product firms. This approach does not require assumptions on the market structure or ...
Esteban Rossi-Hansberg
2012
A firm's productivity depends on how production is organized. To understand this relationship we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce. Entrepreneurs decide the number of layers of ...
Stephen Redding
2012
This paper reviews the empirical evidence on firm heterogeneity in international trade. A first wave of empirical findings from microdata on plants and firms proposed challenges for existing models of international trade and inspired the development of ...
Gene Grossman
Esteban Rossi-Hansberg
2012
We propose a theory of task trade between countries that have similar relative factor endowments and technological capabilities, but may differ in size. Firms produce differentiated goods by performing a continuum of tasks, each of which generates local ...
2011
Jan De Loecker September, 2011 Econometrica Vol. 79, No. 5 Trade Microeconomics International Political Economy and Trade http://onlinelibrary.wiley.com/doi/10.3982/ECTA7617/abstract ...
Esteban Rossi-Hansberg
2010
We study a world with national external economies of scale at the industry level. In contrast to the standard treatment with perfect competition and two industries, we assume Bertrand competition in a continuum of industries. With Bertrand competition, ...