Skip to main content

Research Repository

See what's under the surface


The Elusive Pro-Competitive Effects of Trade (2018)
Journal Article
Arkolakis, C., Donaldson, D., Costinot, A., & Rodríguez-Clare, A. (2018). The Elusive Pro-Competitive Effects of Trade. Review of Economic Studies, 86, 46-80. https://doi.org/10.1093/restud/rdx075

We study the gains from trade liberalization in models with monopolistic competition, firm-level heterogeneity, and variable markups. For a large class of demand functions used in the international macro and trade literature, we derive a parsimonious... Read More about The Elusive Pro-Competitive Effects of Trade.