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Integration and the export behaviour of firms: Trade costs, trade volumes and welfare

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Abstract

Integration and the Export Behaviour of Firms: Trade Costs, Trade Volumes and Welfare. - This paper analyses a model in which, because of fixed costs associated with exporting, only a proportion of firms in an industry engage in international trade. Economic integration (a reduction in trade costs) increases the proportion of firms trading and reduces the total number of active firms as relatively small non-trading firms are replaced by larger trading firms. There are welfare gains from integration, but because of the adverse effects of integration on the total population of firms these gains are smaller than in the standard model where all firms export.

Zusammenfassung

Integration und das Exportverhalten von Unternehmen. Kosten und Volumen des internationalen Handels und Wohlfahrt. - In dem Aufsatz wird ein Modell behandelt, in dem wegen der fixen Kosten, die mit dem Export verbunden sind, nur ein Teil der Unternehmen eines Industriezweiges am internationalen Handel teilnimmt. Wirtschaftliche Integration (eine Verringerung der Handelskosten) erhöht die Zahl der Firmen, die am internationalen Handel teilnehmen, verringert aber die Gesamtzahl der aktiven Firmen, weil verhältnismäßig kleine, nichthandeltreibende Firmen durch größere, handeltreibende ersetzt werden. Eine Integration bringt zwar Wohlfahrtsgewinne mit sich, aber wegen der nachteiligen Wirkungen auf die Gesamtzahl der Firmen sind diese Gewinne niedriger als in dem Standardmodell, in dem alle Firmen exportieren.

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Venables, A.J. Integration and the export behaviour of firms: Trade costs, trade volumes and welfare. Weltwirtschaftliches Archiv 130, 118–132 (1994). https://doi.org/10.1007/BF02706012

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  • DOI: https://doi.org/10.1007/BF02706012

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