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Monopolistic Competition, International Trade and Firm Heterogeneity: a Life Cycle Perspective

Research output: Contribution to conferencePaperResearchpeer-review

Standard

Monopolistic Competition, International Trade and Firm Heterogeneity : a Life Cycle Perspective. / Nielsen, Jørgen Ulff-Møller; Hansen, Jørgen Drud; Kvedaras, Virmantas.

2008. Paper presented at 42nd Annual Meetings of the Canadian Economics Association, Vancouver, Canada.

Research output: Contribution to conferencePaperResearchpeer-review

Harvard

Nielsen, JU-M, Hansen, JD & Kvedaras, V 2008, 'Monopolistic Competition, International Trade and Firm Heterogeneity: a Life Cycle Perspective', Paper presented at 42nd Annual Meetings of the Canadian Economics Association, Vancouver, Canada, 06/06/2008 - 08/06/2008.

APA

Nielsen, J. U-M., Hansen, J. D., & Kvedaras, V. (2008). Monopolistic Competition, International Trade and Firm Heterogeneity: a Life Cycle Perspective. Paper presented at 42nd Annual Meetings of the Canadian Economics Association, Vancouver, Canada.

CBE

Nielsen JU-M, Hansen JD, Kvedaras V. 2008. Monopolistic Competition, International Trade and Firm Heterogeneity: a Life Cycle Perspective. Paper presented at 42nd Annual Meetings of the Canadian Economics Association, Vancouver, Canada.

MLA

Nielsen, Jørgen Ulff-Møller, Jørgen Drud Hansen and Virmantas Kvedaras Monopolistic Competition, International Trade and Firm Heterogeneity: a Life Cycle Perspective. 42nd Annual Meetings of the Canadian Economics Association, 06 Jun 2008, Vancouver, Canada, Paper, 2008. 39 p.

Vancouver

Nielsen JU-M, Hansen JD, Kvedaras V. Monopolistic Competition, International Trade and Firm Heterogeneity: a Life Cycle Perspective. 2008. Paper presented at 42nd Annual Meetings of the Canadian Economics Association, Vancouver, Canada.

Author

Nielsen, Jørgen Ulff-Møller ; Hansen, Jørgen Drud ; Kvedaras, Virmantas. / Monopolistic Competition, International Trade and Firm Heterogeneity : a Life Cycle Perspective. Paper presented at 42nd Annual Meetings of the Canadian Economics Association, Vancouver, Canada.39 p.

Bibtex

@conference{14d41f603e9811ddac29000ea68e967b,
title = "Monopolistic Competition, International Trade and Firm Heterogeneity: a Life Cycle Perspective",
abstract = "This paper presents a dynamic international trade model based on monopolistic competition, where observed intra-industry differences at a given point in time reflect different stages of the firm's life cycle. New product varieties of still higher quality enter the market every period rendering old varieties obsolescent in a process of creative destruction. For given technology (variety) production costs decrease after an infant period due to learning. It is shown that several patterns of exports may arise depending primarily on the size of fixed trade costs. At a given point in time firms therefore differ due to different age, although all firms are symmetric in a life cycle perspective. The paper thus offers an alternative view on firm heterogeneity compared with other recent papers, where productivity differences appear as an outcome of a stochastic process.",
keywords = "Product innovations; learning, creative destruction; firm heterogeneity;export performance",
author = "Nielsen, {J{\o}rgen Ulff-M{\o}ller} and Hansen, {J{\o}rgen Drud} and Virmantas Kvedaras",
note = "Sider: 1; null ; Conference date: 06-06-2008 Through 08-06-2008",
year = "2008",
language = "English",

}

RIS

TY - CONF

T1 - Monopolistic Competition, International Trade and Firm Heterogeneity

T2 - a Life Cycle Perspective

AU - Nielsen, Jørgen Ulff-Møller

AU - Hansen, Jørgen Drud

AU - Kvedaras, Virmantas

N1 - Sider: 1

PY - 2008

Y1 - 2008

N2 - This paper presents a dynamic international trade model based on monopolistic competition, where observed intra-industry differences at a given point in time reflect different stages of the firm's life cycle. New product varieties of still higher quality enter the market every period rendering old varieties obsolescent in a process of creative destruction. For given technology (variety) production costs decrease after an infant period due to learning. It is shown that several patterns of exports may arise depending primarily on the size of fixed trade costs. At a given point in time firms therefore differ due to different age, although all firms are symmetric in a life cycle perspective. The paper thus offers an alternative view on firm heterogeneity compared with other recent papers, where productivity differences appear as an outcome of a stochastic process.

AB - This paper presents a dynamic international trade model based on monopolistic competition, where observed intra-industry differences at a given point in time reflect different stages of the firm's life cycle. New product varieties of still higher quality enter the market every period rendering old varieties obsolescent in a process of creative destruction. For given technology (variety) production costs decrease after an infant period due to learning. It is shown that several patterns of exports may arise depending primarily on the size of fixed trade costs. At a given point in time firms therefore differ due to different age, although all firms are symmetric in a life cycle perspective. The paper thus offers an alternative view on firm heterogeneity compared with other recent papers, where productivity differences appear as an outcome of a stochastic process.

KW - Product innovations; learning, creative destruction; firm heterogeneity;export performance

M3 - Paper

ER -