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cross-country differences in income distributions to variations in import variety and price distributions. The theoretical … import price distributions. Similarly, the importers whose income distributions look more like the world buy from more … exporters and have import price distributions that look more like the world …
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We develop a framework for studying trade in vertically and horizontally differentiated products. In our model, consumers with heterogeneous incomes and tastes purchase a homogeneous good as well as making a discrete choice of quality and variety of a differentiated product. The distribution of...
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