Search Externalities in Firm-to-Firm Trade /

I develop a model of firm-to-firm search and matching to show that the impact of falling trade costs on firm sourcing decisions and consumer welfare depends on the relative size of search externalities in domestic and international markets. These externalities can be positive if firms share informat...

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Bibliographic Details
Main Author: Spray, John
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:IMF Working Papers; Working Paper ; No. 2021/091
Subjects:
Online Access:Full text available on IMF