6533b857fe1ef96bd12b43e5
RESEARCH PRODUCT
Industry Reallocations in a Globalizing Economy
Giordano MionKristian BehrensKristian BehrensGianmarco I.p. Ottavianosubject
GlobalizationInternational integrationmedia_common.quotation_subjectResource reallocationEconomicsTheoretical researchEconomic geographyEconomic impact analysisWelfaremedia_commondescription
We distill the main insights from recent trade models on firms' responses to globalization. Our primary aim is to assess the economic impact and the welfare implications of the resulting reallocation of resources across firms and countries. In so doing, we bring theory into life through the numerical implementation of a theoretical framework calibrated on European data, which encompasses aspects of economic geography, firm heterogeneity, and firms' organizational choices. Our final purpose is to provide a comprehensive background for empirical investigations and to stimulate further theoretical research.
year | journal | country | edition | language |
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2007-01-01 | SSRN Electronic Journal |