F11 - Neoclassical Models of Trade

• Vertical Specialization and Gains from Trade

  Staff Working Paper 2017-17 Patrick Alexander

  Multi-stage production is widely recognized as an important feature of the modern global economy. This feature has been incorporated into many state-of-the-art quantitative trade models, and has been shown to deliver significant additional gains from international trade.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): Economic models, International topics, Trade Integration JEL Code(s): F, F1, F11, F14, F6, F60

• Producer Heterogeneity, Value-Added, and International Trade

  Staff Working Paper 2016-54 Patrick Alexander

  Standard new trade models depict producers as heterogeneous in total factor productivity. In this paper, I adapt the Eaton and Kortum (2002) model of international trade to incorporate tradable intermediate goods and producer heterogeneity in value-added productivity.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): Economic models, International topics, Productivity, Trade Integration JEL Code(s): F, F1, F11, F12, F14

• Institutional Quality, Trade, and the Changing Distribution of World Income

  Staff Working Paper 2006-19 Brigitte Desroches, Michael Francis

  Conventional wisdom holds that institutional changes and trade liberalization are two main sources of growth in per capita income around the world.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): Development economics, International topics JEL Code(s): F, F1, F11, F15, O, O1, O11, P, P4, P48