Heterogeneous firms and cost sharing in China's marketplaces
Data(s) |
07/04/2016
07/04/2016
01/03/2016
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Resumo |
This study extends Melitz's model with heterogeneous firms by introducing shared fixed costs in a marketplace. It aims to explain heterogeneous firms' choice between traditional marketplaces and modern distribution channels on the basis of their productivities. The results reveal that the co-existence of a traditional marketplace and modern distribution channels improves social welfare. In addition, a deregulation policy for firm entry outside a marketplace and accumulation of human capital are factors that contribute to improve the social welfare. |
Identificador |
IDE Discussion Paper. No. 582. 2016.3 http://hdl.handle.net/2344/1532 IDE Discussion Paper 582 |
Idioma(s) |
en eng |
Publicador |
Institute of Developing Economies, JETRO 日本貿易振興機構アジア経済研究所 |
Palavras-Chave | #China #Business enterprises #Costs #Econometric model #Market #Heterogeneous firms #Marketplace #Cost sharing #Multiplicity #335 #AECC China 中国 #R12 - Size and Spatial Distributions of Regional Economic Activity; #D04 - Microeconomic Policy: Formulation, Implementation, and Evaluation |
Tipo |
Working Paper Technical Report |