000			02039cam a22003137 4500
001			w19833
003			NBER
005			20211020110025.0
006			m o d
007			cr cnu||||||||
008			210910s2014 mau fo 000 0 eng d
100	1		_aFeenstra, Robert C. _910249
245	1	0	_aRestoring the Product Variety and Pro-competitive Gains from Trade with Heterogeneous Firms and Bounded Productivity / _cRobert C. Feenstra.
260			_aCambridge, Mass. _bNational Bureau of Economic Research _c2014.
300			_a1 online resource: _billustrations (black and white);
490	1		_aNBER working paper series _vno. w19833
500			_aJanuary 2014.
520	3		_aThe monopolistic competition model in international trade offers three sources of gains from trade that do not arise in competitive models: expansion in product variety; a pro-competitive reduction in the markups charged by firms; and the self-selection of more efficient firms into exporting. Recent literature on trade with heterogeneous firms has emphasized the third of these effects, and the first two effects are ruled out when using a Pareto distribution for productivity with a support that is unbounded above. The goal of this paper is to restore a role for product variety and pro-competitive gains from trade by using a bounded Pareto distribution for productivity.
530			_aHardcopy version available to institutional subscribers
538			_aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538			_aMode of access: World Wide Web.
588	0		_aPrint version record
690		7	_aF12 - Models of Trade with Imperfect Competition and Scale Economies • Fragmentation _2Journal of Economic Literature class.
710	2		_aNational Bureau of Economic Research.
830		0	_aWorking Paper Series (National Bureau of Economic Research) _vno. w19833.
856	4	0	_uhttps://www.nber.org/papers/w19833
856			_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w19833
942			_2ddc _cW-PAPER
999			_c328289 _d286851