Trade, Domestic Frictions, and Scale Effects

Because of scale effects, idea-based growth models imply that larger countries should be much richer than smaller ones. New trade models share the same counterfactual feature. In fact, new trade models exhibit other counterfactual implications associated with scale effects: import shares decrease an...

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Veröffentlicht in:	The American economic review 2016-10, Vol.106 (10), p.3159-3184
Hauptverfasser:	Ramondo, Natalia, Rodríguez-Clare, Andrés, Saborío-Rodríguez, Milagro
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic models Economic statistics Economic theory Economies of scale Growth models Imports International trade Metropolitan areas Productivity Studies
Online-Zugang:	Volltext
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