Intra-Industry Trade and the Gravity Equation : A Cournot-Ricardo Approach

This paper shows that Cournot competition in segmented markets generate both intra-industry trade and the gravity equation. The paper also demonstrates that the gravity equation holds if and only if the market shares of an exporting country do not depend on the market where it sells. Thus, the widely accepted wisdom that specialization generates the force of gravity is not well grounded on theory

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Year of publication:	2017
Authors:	Song, E. Young
Publisher:	[2017]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Intraindustrieller Handel \| Intra-industry trade \| Gravitationsmodell \| Gravity model \| Nash-Gleichgewicht \| Nash equilibrium \| Internationaler Wettbewerb \| International competition

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Extent:	1 Online-Ressource (24 p)
Series:	East Asian Economic Review ; Vol. 4, No. 4, pp. 35-58, December 2000
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 31, 2000 erstellt
Other identifiers:	10.2139/ssrn.3079371 [DOI]
Classification:	F11 - Neoclassical Models of Trade ; F12 - Models of Trade with Imperfect Competition and Scale Economies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012942392