Benkovskis, Konstantins; Wörz, Julia - In: Review of World Economics (Weltwirtschaftliches Archiv) 150 (2014) 4, pp. 665-691
>) definition of variety, we relax two assumptions, allowing the set of products and unobserved taste and quality parameter to vary … compared with gains from taste and quality. Using food and tobacco products as a benchmark with unchanged taste and quality, we … find significant gains from shifts in consumer preferences and improving quality for Germany, France, Italy and the UK …