Research Project
Grant-in-Aid for Research Activity Start-up
We investigate how trade liberalization affects firm productivity using a general oligopolistic equilibrium model with division of labor. We analyze the impact of both tariff reduction and a decrease in the number of non-trading sectors on firm productivity and welfare.We obtain the following results:(1) A decrease in the tariff rate and an increase in the number of trading sectors increase wage rate.(2) A decrease in tariff rate reduces firm productivity of non-trading sectors and increases firm productivity of trading sectors. (3) An increase in the number of trading sectors decreases firm productivity of both non-trading sectors and trading sectors. However, it increases the firm productivity of the newly trading sectors.
All 2017 2016 2015
All Journal Article (3 results) (of which Acknowledgement Compliant: 2 results, Peer Reviewed: 1 results) Presentation (5 results)
KIER Discussion Paper series
Volume: 954 Pages: 1-17
Volume: 949 Pages: 1-18
The Manchester School
Volume: 84(5) Issue: 5 Pages: 621-641
10.1111/manc.12125