C Arkolakis - 2008 - nber.org
I develop a new theory of marketing costs and introduce it into a model of trade with product
differentiation and firm productivity heterogeneity. In this model, a firm enters a market if it
makes profits by reaching a single consumer there and pays an increasing marginal cost ...
C Arkolakis, A Costinot… - 2009 - nber.org
Micro-level data have had a profound influence on research in international trade over the
last ten years. In many regards, this research agenda has been very successful. New
stylized facts have been uncovered and new trade models have been developed to ...
C Arkolakis, S Demidova, PJ Klenow… - 2008 - nber.org
We explore the implications of models with increasing returns, endogenous variety and firm-
level heterogeneity for the quantification of the gains from trade. We first focus on the impact
of trade liberalization on imported variety by analyzing the experience of Costa Rica from ...
C Arkolakis… - 2007 - nber.org
Abstract We examine three-dimensional panel data for Brazilian and Chilean manufacturing
exporters, their products and destinations. The data show that (i) the distribution of the
exporters' number of goods (the exporter scope) is robust within destinations and ...
C Arkolakis - 2011 - nber.org
This paper studies the effects of marketing choice to firm growth. I assume that firm-level
growth is the result of idiosyncratic productivity improvements with continuous arrival of new
potential producers. A firm enters a market if it is profitable to incur the marginal cost to ...
C Arkolakis - University of Minnesota, unpublished mimeo, 2006 - nber.org
Abstract I develop a new theory of marketing and introduce it into a model of trade with
product differentiation and firm productivity heterogeneity. In this model, a firm enters a
market if it makes profits by reaching a single consumer there and pays an increasing ...
C Arkolakis… - 2010 - nber.org
We use a panel of Brazilian exporters, their products, and destination markets to document a
set of regularities for multi-product exporters:(i) few top-selling products account for the bulk
of a firm's exports in a market,(ii) the distribution of exporter scope (the number of products ...
C Arkolakis - Manuscript, Department of Economics, Yale University, 2008 - nber.org
Abstract I introduce trade dynamics into a static model of international trade with product
differentiation, heterogeneous productivity firms, and increasing marginal market penetration
costs. I interpret firms as ideas that materialize into production, where an idea is a way to ...
C Arkolakis… - The Scandinavian Journal …, 2009 - Wiley Online Library
We explore the impact of vertical specialization—trade in goods across multiple stages of
production—on the relationship between trade and business cycle synchronization across
countries. We develop an international business cycle model in which the degree of ...
[CITATION] Clare. 2008. iEndogenous Variety and the Gains from Trade. jAmerican Economic Review
C Arkolakis, S Demidova, PJ Klenow… - Papers and Proceedings
[CITATION] New Theories, Same Old Gains?
C Arkolakis, A Costinot… - 2009 - Mimeo, Yale University
[CITATION] Clare. 2009. jNew Trade Models, Same Old Gains
C Arkolakis, A Costinot… - NBER Working Paper
[CITATION] Forthcoming. VMarket Penetration Costs and the New Consumers Margin in International Trade
C Arkolakis - V Journal of Political Economy
[CITATION] Marc'Andreas Muendler, 2007. The Extensive Margin of Ex'porting Goods: A Firm'level Analysis
C Arkolakis - mimeo. Yale University, UC, San …
C Arkolakis, A Costinot… - Manuscript, Yale …, 2010 - econ.yale.edu
Abstract In this note we provide closed# form solutions for bilateral trade flows and gains
from trade in a model with monopolistic competition, translog expenditure functions, and
Pareto distributions of firm# level productivity. In spite of variable mark# ups, gains from ...
[CITATION] Andrés Rodríguez Clare (2010), pNew Trade Models, Same Old Gains
C Arkolakis… - q mimeo, MIT, Penn State, and Yale …
[CITATION] Firm Selection, Growth and Learning
C Arkolakis… - 2010 - mimeo
[CITATION] VA Unified Theory of Firm Selection and Growth
C Arkolakis - V manuscript, 2009
[CITATION] New Models, Same Old Gains from Trade? Forthcoming
C Arkolakis, A Costinot… - American Economic Review, 2010
[CITATION] Marc# Andreas Muendler. 2007. iThe Extensive Margin of Exporting Goods: A Firm# Level Analysis. jmimeo
C Arkolakis - University of California San Diego and Yale University
C Arkolakis, N Ramondo, A Rodríguez-Clare… - 2011 - aueb.gr
Abstract We develop a monopolistic competition model of trade and multinational production
(MP). Firms receive an idiosyncratic vector of productivities for different locations from a
multivariate distribution. They also face distance related trade and MP costs. Thus, ...
C Arkolakis - 2007 - cep.lse.ac.uk
Abstract I introduce trade dynamics into a static model of international trade with product
differentiation, heterogeneous productivity firms, and increasing mar# ginal market
penetration costs. I interpret firms as ideas that materialize into production, where an idea ...
C Arkolakis… - University of California, San Diego, …, 2010 - econ.yale.edu
Abstract We present a heterogeneous-firm model with product choice in continuous space.
The continuum model yields similar estimation equations to a companion paper in discrete
space and also generates the documented empirical regularities within and across firms ( ...
C Arkolakis, N Ramondo, A Rodríguez-Clare… - 2011 - nber.org
Abstract We develop a monopolistic competition model of trade and multinational production
(MP). Firms receive an idiosyncratic vector of productivities for different locations from a
multivariate distribution. They also face distance related trade and MP costs. Thus, ...
C Arkolakis, A Costinot, D Donaldson… - 2012 - economics.stanford.edu
Abstract We study the pro-competitive effects of international trade, or lack thereof, in models
with monopolistic competition, firm-level heterogeneity, and variable markups. Under
standard restrictions on consumers' demand and the distribution of firms' productivity, we ...
C Arkolakis, J Eaton… - 2011 - princeton.edu
Abstract We allow for the possibility that consumers are slow to adjust on the extensive
margin by adding one new parameter to a Ricardian model of international trade. This
extension provides a simple and parsimonious way to capture the low elasticity of trade to ...
C Arkolakis… - 2011 - nber.org
We observe Brazilian and Chilean merchandize exports for the year 2000 in two
threedimensional panel data sets, indexed by firm ω (tax ID for Brazil), destination country d,
and product h (Harmonized System six-digit code). The panel data are unbalanced: firms ...
C Arkolakis - 2010 - econ.yale.edu
... those of the Federal Reserve Bank of Minneapolis or the Federal Reserve System. All remaining
errors are mine. †Department of Economics, Yale University. Email: costas.arkolakis@yale.edu.
1 Page 2. 2 Idiosyncratic Shocks to Entry Costs 10 2.1 The Setup . . . . . ...
[CITATION] When Does Labor Scarcity Encourage Innovation? When Does Labor Scarcity Encourage Innovation?(pp. 1037-1078)
D Acemoglu, N Netzer, F Scheuer, B Knight… - Journal of Political …, 2010 - JSTOR
C Arkolakis - 2008 - econ.yale.edu
Abstract This note provides an alternative proof for the double Pareto distribution that
appears in Reed 2001 and Arkolakis 2008. The proof is computing cross-generational
productivity distribution by weighting the distribution of each generation by its relative ...
C Arkolakis… - 2009 - siteresources.worldbank.org
For the past decade a large number of studies have documented important empirical
regularities for the role that individual firms play in international trade. One predominant
finding is that at any given year only a small fraction of firms export, typically less than 15% ...
C Arkolakis… - 2009 - aeaweb.org
Abstract Young firms grow faster than older ones, but they are also more likely to exit the
market. Even conditional on size, age appears to play an important role in both the quantity
decision a firm has to make, as well as its exit decision. Traditional models that explain ...
KC Arkolakis - econ.yale.edu
1This set of notes and the homeworks accomodating them is a collection of material designed
for an interna- tional trade course at the graduate level. I am grateful to my teachers at the University
of Minnesota, Cristina Arellano, Jonathan Eaton, Timothy Kehoe and Samuel Kortum. I ...
C Arkolakis… - 2011 - econ.ucsd.edu
Abstract We generalize the Arkolakis and Muendler (2010a) model to nested consumer
preferences. Each inner nest holds the products in a firm's product line with an elasticity of
substitution that differs from that of the outer nest over product lines of different firms. We ...
C Arkolakis… - econ.yale.edu
Abstract Recent empirical work suggests a positive relationship in the data between trade
intensity and the correlation of GDP fluctuations among countries that trade. We present data
that indicate that the same relationship holds between trade intensity and the correlation ...
C Arkolakis, S Demidova, P Klenow… - 2007 - aida.econ.yale.edu
Abstract In this appendix we solve the monopolistic competition model with heterogeneous
firms and free entry. Our objective is to evaluate the importance of the free entry condition
(compared to a predetermined number of potential entrants as in the Chaney version of ...
VV Acharya, SN Ali, J Apesteguia, P Arcidiacono… - 209.197.108.139
The American Economic Association would like to congratulate its 2010 American Economic
Review Excellence in Refereeing Award recipients. The award recognizes the outstanding
work of those referees whose service and dedication have contributed to the high quality ...
KC Arkolakis - 2007 - gradworks.umi.com
Abstract: The three essays comprising this thesis investigate the importance of the role of
heterogeneous firms in the determination of firm-level and aggregate variables of the
economy. Recent empirical research has pointed out the remarkable heterogeneity in ...
C Arkolakis - 2011 - econ.yale.edu
Page 1. Appendix to the paper “A Unified Theory of Firm Selection and Growth”∗ Costas
Arkolakis† Yale University, NBER & CESifo October 23, 2011 Abstract ... Email: costas.arkolakis@
yale.edu. web: http://www.econ.yale.edu/~ka265/research.htm 1 Page 2. ...
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