User menu

Accès à distance ? S'identifier sur le proxy UCLouvain

On the impact of trade on the industrial structures of nations

Primary tabs

Oyama, Daisuke [University of Tokyo] Sato, Yasuhiro [Osaka University] Tabuchi, Takatoshi [University of Tokyo] Thisse, Jacques-François [UCL]

This paper investigates the impact of progressive trade openness on the formation of entrepreneurship in a two-country occupation choice model with monopolistic competition. We show that trade opening gives rise to a non-monotonic process of international specialization, in which the share of entrepreneurial firms in the large (small) country first increases (decreases) and then decreases (increases), with the global economy exhibiting first deindustrialization and then reindustrialization.

Document type Article de périodique (Journal article) – Article de recherche
Access type Accès interdit
Publication date 2011
Language Anglais
Journal information "International Journal of Economic Theory" - Vol. 7, no. 1, p. 93-109 (2011)
Peer reviewed yes
Publisher Wiley-Blackwell Publishing Ltd. ((United Kingdom) Oxford)
issn 1742-7355
e-issn 1742-7363
Publication status Publié
Affiliations UCL - SSH/LIDAM/CORE - Center for operations research and econometrics
University of Tokyo - Faculty of OEconomics
Osaka University - Graduate School of Economics
University of Tokyo - Faculty of Economics
Keywords Entrepreneurship ; Monopolistic competition ; Trade liberalization
Links
  1. Amiti Mary, Pissarides Christopher A., Trade and industrial location with heterogeneous labor, 10.1016/j.jinteco.2004.09.010
  2. Anderson, Discrete Choice Theory of Product Differentiation (1992)
  3. Audretsch, Handbook of Regional and Urban Economics Vol. 4, 2713 (2004)
  4. Caplin Andrew, Nalebuff Barry, Aggregation and Social Choice: A Mean Voter Theorem, 10.2307/2938238
  5. Caplin Andrew, Nalebuff Barry, Aggregation and Imperfect Competition: On the Existence of Equilibrium, 10.2307/2938239
  6. Casson Mark, Entrepreneurship and the theory of the firm, 10.1016/j.jebo.2004.05.007
  7. Dinopoulos Elias, Fujiwara Kenji, Shimomura Koji, International Trade and Volume Patterns under Quasilinear Preferences : INTERNATIONAL TRADE AND VOLUME PATTERNS, 10.1111/j.1467-9361.2010.00599.x
  8. Hirschman Albert O., The Political Economy of Import-Substituting Industrialization in Latin America, 10.2307/1882243
  9. Krugman, American Economic Review, 70, 950 (1980)
  10. Krugman Paul, Increasing Returns and Economic Geography, 10.1086/261763
  11. Lucas Robert E., On the Size Distribution of Business Firms, 10.2307/3003596
  12. Melitz Marc J., The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity, 10.1111/1468-0262.00467
  13. Ottaviano, Handbook of Regional and Urban Economics Vol. IV, 2563 (2004)
  14. Oyama , D. Y. Sato T. Tabuchi J.-F. Thisse 2009 On the impact of trade on industrial structures: The role of entry cost heterogeneity
  15. Prékopa, Acta Scientiarum Mathematicarum, 32, 301 (1971)
  16. Wennekers, Foundations and Trends in Entrepreneurship, 5, 167 (2010)
  17. , World Development Report 1991 : The Challenge of Development, ISBN:9780195208689, 10.1596/978-0-1952-0868-9
  18. World Trade Organization 2001 Market access: Unfinished business, Post-Uruguay Round inventory and issues
Bibliographic reference Oyama, Daisuke ; Sato, Yasuhiro ; Tabuchi, Takatoshi ; Thisse, Jacques-François. On the impact of trade on the industrial structures of nations. In: International Journal of Economic Theory, Vol. 7, no. 1, p. 93-109 (2011)
Permanent URL http://hdl.handle.net/2078.1/94841