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Trade Liberalization, Exit, and Productivity Improvements: Evidence from Chilean Plants

by Nina Pavcnik - Review of Economic Studies , 2002
"... This paper empirically investigates the effects of liberalized trade on plant productivity in the case of Chile. Chile presents an interesting setting to study this relationship since it underwent a massive trade liberalization that significantly exposed its plants to competition from abroad during ..."
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This paper empirically investigates the effects of liberalized trade on plant productivity in the case of Chile. Chile presents an interesting setting to study this relationship since it underwent a massive trade liberalization that significantly exposed its plants to competition from abroad during

Trade Liberalization and . . .

by Holger Breinlich , 2006
"... This paper analyzes mergers and acquisitions (M&A) as a previously neglected channel of industrial restructuring in the face of trade liberalization. Using the Canada-United States Free Trade Agreement of 1989 as a natural experiment, I show that trade liberalization leads to a significant incre ..."
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This paper analyzes mergers and acquisitions (M&A) as a previously neglected channel of industrial restructuring in the face of trade liberalization. Using the Canada-United States Free Trade Agreement of 1989 as a natural experiment, I show that trade liberalization leads to a significant

Common Markets And Trade Liberalization

by Costas Hadjiyiannis, Costas Hadjiyiannis
"... This paper expands on previous work by the author on the effects of regionalism on the speed of trade liberalization. Trade liberalization is essentially a cooperative nonstationary dynamic process and it is on the basis of such a model that the impact of regionalism needs to be examined. In doing s ..."
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This paper expands on previous work by the author on the effects of regionalism on the speed of trade liberalization. Trade liberalization is essentially a cooperative nonstationary dynamic process and it is on the basis of such a model that the impact of regionalism needs to be examined. In doing

Trade liberalization and productivity growth

by Peter Gustafsson, Paul Segerstrom, Richard Kneller, Damian Migueles, Ignat Stepanok - Stockholm School of Economics , 2006
"... Abstract: This paper presents a trade model with firm-level productivity differences and R&D-driven growth. Trade liberalization causes the least productive firms to exit but also slows the development of new products. The overall effect on productivity growth depends on the size of intertempora ..."
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Abstract: This paper presents a trade model with firm-level productivity differences and R&D-driven growth. Trade liberalization causes the least productive firms to exit but also slows the development of new products. The overall effect on productivity growth depends on the size

Political Economy of Trade Liberalization:

by Megumi Naoi, Tetsuji Okazaki , 2013
"... How did post-War newer democracies, whose governments faced both pressures from vested special interests and voters, achieve trade liberalization? Exploiting the case of trade liberalization in 1960s Japan, this paper addresses this question. Because the benefits and costs of trade liberalization ar ..."
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How did post-War newer democracies, whose governments faced both pressures from vested special interests and voters, achieve trade liberalization? Exploiting the case of trade liberalization in 1960s Japan, this paper addresses this question. Because the benefits and costs of trade liberalization

Trade Liberalization and FDI in Pakistan

by Sonia Iqbal(corresponding, Sana Shahid
"... This paper quantitatively identifies the impact of trade liberalization on foreign direct investment in Pakistan over the period of 1990 to 2005. The main interest of this study how different variables of trade liberalization affect foreign direct investment in Pakistan. The trade liberalization has ..."
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This paper quantitatively identifies the impact of trade liberalization on foreign direct investment in Pakistan over the period of 1990 to 2005. The main interest of this study how different variables of trade liberalization affect foreign direct investment in Pakistan. The trade liberalization

Trade Liberalization and Income Distribution

by Donald R. Davis
"... Empirical work relating trade liberalization and income distribution has identified an important anomaly. The Stolper-Samuelson theorem predicts that trade liberalization will shift income toward a country’s abundant factor. For developing countries, this suggests liberalization will principally ben ..."
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Empirical work relating trade liberalization and income distribution has identified an important anomaly. The Stolper-Samuelson theorem predicts that trade liberalization will shift income toward a country’s abundant factor. For developing countries, this suggests liberalization will principally

Pampered Bureaucracy and Trade Liberalization

by Caleb Stroup , Ben Zissimos
"... Abstract: This paper shows how a nation's elite maintain ownership of their wealth by creating a 'pampered bureaucracy.' The elite thus divert part of an otherwise entrepreneurial middle class from more productive manufacturing activities, reducing economic efficiency. If the country ..."
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. If the country has a comparative advantage in primary products, trade liberalization is potentially destabilizing since it lowers the opportunity cost to the lower classes of challenging the elite for their wealth. If trade liberalization does take place, it may mandate expansion of the pampered bureaucracy

Trade Liberalization and Strategic Outsourcing

by Zhihao Yu, Yongmin Chen, Yongmin Chen, Jota Ishikawa, Zhihao Yu , 2002
"... This paper develops a model of strategic outsourcing. With trade liberalization in the intermediate-product market, a domestic firm may choose to purchase a key intermediate good from a more efficient foreign producer, who also competes with the domestic firm for a final good. This has a strategic e ..."
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This paper develops a model of strategic outsourcing. With trade liberalization in the intermediate-product market, a domestic firm may choose to purchase a key intermediate good from a more efficient foreign producer, who also competes with the domestic firm for a final good. This has a strategic

Growth and the dynamics of trade liberalization

by Michael B. Devereux , 1998
"... This paper develops a model of ongoing trade liberalization as a self-enforcing equilibrium in a game between governments. Economic growth is a critical ingredient in successful trade liberalization. But di⁄erences in national growth rates have profound di⁄erences on the sustainable tari ⁄ equilibri ..."
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This paper develops a model of ongoing trade liberalization as a self-enforcing equilibrium in a game between governments. Economic growth is a critical ingredient in successful trade liberalization. But di⁄erences in national growth rates have profound di⁄erences on the sustainable tari
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