Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models
We examine the quantitative predictions of heterogeneous firm in the context of the Canada–US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity and compare them to the post-CUSFTA increases observed in the data. Most models predict increas...
| Main Authors: | , |
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| Format: | Article |
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Wiley
2015
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| Online Access: | https://eprints.nottingham.ac.uk/30235/ |
| _version_ | 1848793947524038656 |
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| author | Breinlich, Holger Cunat, Alejandro |
| author_facet | Breinlich, Holger Cunat, Alejandro |
| author_sort | Breinlich, Holger |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | We examine the quantitative predictions of heterogeneous firm in the context of the Canada–US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity and compare them to the post-CUSFTA increases observed in the data. Most models predict increases in measured productivity that are too low by an order of magnitude relative to predicted increases in trade flows. A multi-product firm extension that allows for within-firm productivity increases has the potential to reconcile model predictions with the data. |
| first_indexed | 2025-11-14T19:08:24Z |
| format | Article |
| id | nottingham-30235 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T19:08:24Z |
| publishDate | 2015 |
| publisher | Wiley |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-302352020-05-04T17:13:08Z https://eprints.nottingham.ac.uk/30235/ Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models Breinlich, Holger Cunat, Alejandro We examine the quantitative predictions of heterogeneous firm in the context of the Canada–US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity and compare them to the post-CUSFTA increases observed in the data. Most models predict increases in measured productivity that are too low by an order of magnitude relative to predicted increases in trade flows. A multi-product firm extension that allows for within-firm productivity increases has the potential to reconcile model predictions with the data. Wiley 2015-07-14 Article PeerReviewed Breinlich, Holger and Cunat, Alejandro (2015) Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models. Economic Journal . ISSN 0013-0133 (In Press) http://onlinelibrary.wiley.com/doi/10.1111/ecoj.12218/abstract doi:10.1111/ecoj.12218 doi:10.1111/ecoj.12218 |
| spellingShingle | Breinlich, Holger Cunat, Alejandro Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models |
| title | Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models |
| title_full | Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models |
| title_fullStr | Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models |
| title_full_unstemmed | Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models |
| title_short | Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models |
| title_sort | tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models |
| url | https://eprints.nottingham.ac.uk/30235/ https://eprints.nottingham.ac.uk/30235/ https://eprints.nottingham.ac.uk/30235/ |