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This paper explores the role of pooled-producer, e.g. private label, trade intermediation in shaping the range and … diversity of exports. Direct sales maintain a firm's unique product characteristics (`brand equity'), whereas trade through an … trade variety for volume, firms face greater competition from the new pooled-products, and intermediaries capture much of …
Persistent link: https://www.econbiz.de/10010886970
We develop a new model of trade in which educational institutions drive comparative advantage and determine the … support of human capital choices to demonstrate that freer trade can induce crowding out of the middle occupations towards the … gains from trade may be non-monotonic in workers' ability, and middle ability agents can lose the most from trade …
Persistent link: https://www.econbiz.de/10010886979