Two-sided heterogeneity and Trade

Andrew Bernard, Andreas Moxnes and Karen Helene Ulltveit-Moe

CEP Discussion Papers from Centre for Economic Performance, LSE

Abstract: This paper develops a multi-country model of international trade that provides a simple micro-foundation for buyer-seller relationships in trade. We explore a rich dataset that identifies buyers and sellers in trade and establish a set of basic facts that guide the development of the theoretical model. We use predictions of the model to examine the role of buyer heterogeneity in a market for firm-level adjustments to trade shocks, as well as to quantitatively evaluate how firms' marginal costs depend on access to suppliers in foreign markets.

Keywords: Heterogeneous firms; exporters; importers; sourcing costs; trade elasticity (search for similar items in EconPapers)
JEL-codes: F10 F12 F14 (search for similar items in EconPapers)
Date: 2016-04-26
New Economics Papers: this item is included in nep-int, nep-net and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://cep.lse.ac.uk/pubs/download/dp1426.pdf (application/pdf)

Related works:
Journal Article: Two-Sided Heterogeneity and Trade (2018)
Working Paper: Two-sided heterogeneity and trade (2016)
Working Paper: Two-sided Heterogeneity and Trade (2016)
Working Paper: Two-Sided Heterogeneity and Trade (2014)
Working Paper: Two-sided Heterogeneity and Trade (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cep:cepdps:dp1426

Access Statistics for this paper

More papers in CEP Discussion Papers from Centre for Economic Performance, LSE
Bibliographic data for series maintained by ().