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Trade and Domestic Production Networks

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Listed:
  • Felix Tintelnot
  • Ayumu Ken Kikkawa
  • Magne Mogstad
  • Emmanuel Dhyne

Abstract

We use Belgian data with information on domestic firm-to-firm sales and foreign trade transactions to study how international trade affects firms' unit cost and the consumer's real wage. We show theoretically that the gains from trade depend on domestic firm-to-firm linkages. Furthermore, we develop a tractable model of endogenous network formation, allowing firm-to-firm connections to form or break in response to import price changes. Quantitatively, we find that for small import price changes, alternative models that assume a roundabout production structure, despite falsely implying that all firms are connected within one link, yield similar predictions for the change in the real wage to the model that fits the actual linkages between firms. For large changes in the price of foreign goods, both the existing network structure and the endogeneity of the connections between firms are found to be quantitatively important.

Suggested Citation

  • Felix Tintelnot & Ayumu Ken Kikkawa & Magne Mogstad & Emmanuel Dhyne, 2018. "Trade and Domestic Production Networks," NBER Working Papers 25120, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:25120
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    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation

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