Melitz model

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:assumes monopolistic competition
firms differ in productivity
fixed costs of exporting
gptkbp:describes heterogeneous firms
gptkbp:explains intra-industry trade
firm selection into export markets
gptkbp:field gptkb:treaty
gptkbp:fullTitle The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
https://www.w3.org/2000/01/rdf-schema#label Melitz model
gptkbp:influenced new trade theory
firm-level empirical trade literature
gptkbp:introduced gptkb:Marc_J._Melitz
gptkbp:introducedIn 2003
gptkbp:predicts trade liberalization increases average productivity
less productive firms exit
more productive firms export
gptkbp:publishedIn gptkb:Econometrica
gptkbp:relatedTo gptkb:Krugman_model
Ricardian model
gptkbp:uses gptkb:CES_utility_function
gptkbp:bfsParent gptkb:Marc_Melitz
gptkbp:bfsLayer 6