Entry assumptions and welfare gains from trade

C-Tier
Journal: Economics Letters
Year: 2017
Volume: 159
Issue: C
Pages: 104-107

Authors (2)

Nguyen, Hang T. (not in RePEc) Timoshenko, Olga A. (Temple University)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

When productivities are not Pareto distributed, welfare gains from trade are not necessarily isomorphic between entry assumptions. Under exogenous entry, the extra adjustment in dividends dampens the relative increase in real wage as trade costs decline, resulting in lower welfare gains than under free entry.

Technical Details

RePEc Handle
repec:eee:ecolet:v:159:y:2017:i:c:p:104-107
Journal Field
General
Author Count
2
Added to Database
2026-01-29