the impact of trade on intra-industry reallocations and ...klenow/melitz.pdf · you have printed...

35
The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity Marc J. Melitz Econometrica, Vol. 71, No. 6. (Nov., 2003), pp. 1695-1725. Stable URL: http://links.jstor.org/sici?sici=0012-9682%28200311%2971%3A6%3C1695%3ATIOTOI%3E2.0.CO%3B2-Y Econometrica is currently published by The Econometric Society. Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at http://www.jstor.org/journals/econosoc.html. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is an independent not-for-profit organization dedicated to and preserving a digital archive of scholarly journals. For more information regarding JSTOR, please contact [email protected]. http://www.jstor.org Thu Feb 22 18:03:15 2007

Upload: others

Post on 30-Aug-2019

5 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate

The Impact of Trade on Intra-Industry Reallocations and Aggregate IndustryProductivity

Marc J. Melitz

Econometrica, Vol. 71, No. 6. (Nov., 2003), pp. 1695-1725.

Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28200311%2971%3A6%3C1695%3ATIOTOI%3E2.0.CO%3B2-Y

Econometrica is currently published by The Econometric Society.

Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available athttp://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtainedprior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content inthe JSTOR archive only for your personal, non-commercial use.

Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained athttp://www.jstor.org/journals/econosoc.html.

Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printedpage of such transmission.

JSTOR is an independent not-for-profit organization dedicated to and preserving a digital archive of scholarly journals. Formore information regarding JSTOR, please contact [email protected].

http://www.jstor.orgThu Feb 22 18:03:15 2007

Page 2: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 3: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 4: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 5: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 6: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 7: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 8: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 9: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 10: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 11: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 12: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 13: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 14: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 15: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 16: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 17: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 18: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 19: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 20: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 21: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 22: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 23: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 24: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 25: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 26: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 27: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 28: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 29: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 30: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 31: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 32: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate
Page 33: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate

You have printed the following article:

The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry ProductivityMarc J. MelitzEconometrica, Vol. 71, No. 6. (Nov., 2003), pp. 1695-1725.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28200311%2971%3A6%3C1695%3ATIOTOI%3E2.0.CO%3B2-Y

This article references the following linked citations. If you are trying to access articles from anoff-campus location, you may be required to first logon via your library web site to access JSTOR. Pleasevisit your library's website or contact a librarian to learn about options for remote access to JSTOR.

[Footnotes]

1 Monopolistic Competition with Firm-Specific CostsCatia MontagnaOxford Economic Papers, New Series, Vol. 47, No. 2. (Apr., 1995), pp. 318-328.Stable URL:

http://links.jstor.org/sici?sici=0030-7653%28199504%292%3A47%3A2%3C318%3AMCWFC%3E2.0.CO%3B2-A

13 Entry, Exit, and firm Dynamics in Long Run EquilibriumHugo A. HopenhaynEconometrica, Vol. 60, No. 5. (Sep., 1992), pp. 1127-1150.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28199209%2960%3A5%3C1127%3AEEAFDI%3E2.0.CO%3B2-B

18 Is Learning by Exporting Important? Micro-Dynamic Evidence from Colombia, Mexico,and MoroccoSofronis K. Clerides; Saul Lach; James R. TyboutThe Quarterly Journal of Economics, Vol. 113, No. 3. (Aug., 1998), pp. 903-947.Stable URL:

http://links.jstor.org/sici?sici=0033-5533%28199808%29113%3A3%3C903%3AILBEIM%3E2.0.CO%3B2-P

References

http://www.jstor.org

LINKED CITATIONS- Page 1 of 3 -

NOTE: The reference numbering from the original has been maintained in this citation list.

Page 34: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate

Is Learning by Exporting Important? Micro-Dynamic Evidence from Colombia, Mexico, andMoroccoSofronis K. Clerides; Saul Lach; James R. TyboutThe Quarterly Journal of Economics, Vol. 113, No. 3. (Aug., 1998), pp. 903-947.Stable URL:

http://links.jstor.org/sici?sici=0033-5533%28199808%29113%3A3%3C903%3AILBEIM%3E2.0.CO%3B2-P

Monopolistic Competition and Optimum Product DiversityAvinash K. Dixit; Joseph E. StiglitzThe American Economic Review, Vol. 67, No. 3. (Jun., 1977), pp. 297-308.Stable URL:

http://links.jstor.org/sici?sici=0002-8282%28197706%2967%3A3%3C297%3AMCAOPD%3E2.0.CO%3B2-%23

Entry, Exit, and firm Dynamics in Long Run EquilibriumHugo A. HopenhaynEconometrica, Vol. 60, No. 5. (Sep., 1992), pp. 1127-1150.Stable URL:

http://links.jstor.org/sici?sici=0012-9682%28199209%2960%3A5%3C1127%3AEEAFDI%3E2.0.CO%3B2-B

Scale Economies, Product Differentiation, and the Pattern of TradePaul KrugmanThe American Economic Review, Vol. 70, No. 5. (Dec., 1980), pp. 950-959.Stable URL:

http://links.jstor.org/sici?sici=0002-8282%28198012%2970%3A5%3C950%3ASEPDAT%3E2.0.CO%3B2-H

Monopolistic Competition with Firm-Specific CostsCatia MontagnaOxford Economic Papers, New Series, Vol. 47, No. 2. (Apr., 1995), pp. 318-328.Stable URL:

http://links.jstor.org/sici?sici=0030-7653%28199504%292%3A47%3A2%3C318%3AMCWFC%3E2.0.CO%3B2-A

Trade Liberalization, Exit, and Productivity Improvements: Evidence from Chilean PlantsNina PavcnikThe Review of Economic Studies, Vol. 69, No. 1. (Jan., 2002), pp. 245-276.Stable URL:

http://links.jstor.org/sici?sici=0034-6527%28200201%2969%3A1%3C245%3ATLEAPI%3E2.0.CO%3B2-1

http://www.jstor.org

LINKED CITATIONS- Page 2 of 3 -

NOTE: The reference numbering from the original has been maintained in this citation list.

Page 35: The Impact of Trade on Intra-Industry Reallocations and ...klenow/Melitz.pdf · You have printed the following article: The Impact of Trade on Intra-Industry Reallocations and Aggregate

The Decision to Export in Colombia: An Empirical Model of Entry with Sunk CostsMark J. Roberts; James R. TyboutThe American Economic Review, Vol. 87, No. 4. (Sep., 1997), pp. 545-564.Stable URL:

http://links.jstor.org/sici?sici=0002-8282%28199709%2987%3A4%3C545%3ATDTEIC%3E2.0.CO%3B2-6

http://www.jstor.org

LINKED CITATIONS- Page 3 of 3 -

NOTE: The reference numbering from the original has been maintained in this citation list.