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Persistent link: https://www.econbiz.de/10011920085
A growing literature suggests that high-income countries export high-quality goods. Two hypotheses may explain such specialization, with different implications for welfare, inequality, and trade policy. Fajgelbaum, Grossman, and Helpman (JPE 2011) formalize the Linder (1961) conjecture that home...
Persistent link: https://www.econbiz.de/10010407511
Persistent link: https://www.econbiz.de/10014430280
I document that (i) there is great heterogeneity in the physical weight of traded goods even within narrowly-defined product categories; (ii) heavier goods are more costly to produce; (iii) heavier goods exhibit a systematically higher product appeal or quality; (iv) heavier goods are more costly...
Persistent link: https://www.econbiz.de/10012891652
A growing literature suggests that high-income countries export high-quality goods. Two hypotheses may explain such specialization, with different implications for welfare, inequality, and trade policy. Fajgelbaum, Grossman, and Helpman (2011) formalize the Linder hypothesis that home demand...
Persistent link: https://www.econbiz.de/10012980681
A growing literature suggests that high-income countries export high-quality goods. Two hypotheses may explain such specialization, with different implications for welfare, inequality, and trade policy. Fajgelbaum, Grossman, and Helpman (2011) formalize the Linder hypothesis that home demand...
Persistent link: https://www.econbiz.de/10012455923
A growing literature suggests that high-income countries export high-quality goods. Two hypotheses may explain such specialization, with different implications for welfare, inequality, and trade policy. Fajgelbaum, Grossman, and Helpman (2011) formalize the Linder hypothesis that home demand...
Persistent link: https://www.econbiz.de/10014134899
Within a standard gravity framework I explore the impact of country size and trade liberalisation on extensive and intensive margins of imports across broad categories of goods. This allows testing hypotheses from two distinct strands of the trade literature, i.e., vertical integration versus...
Persistent link: https://www.econbiz.de/10008622194
Within a standard gravity framework I explore the impact of country size and trade liberalisation on extensive and intensive margins of imports across broad categories of goods. This allows testing hypotheses from two distinct strands of the trade literature, i.e., vertical integration versus...
Persistent link: https://www.econbiz.de/10010267018
This paper discusses how international trade is organized from export to trans-boundary transport to import. All evidence suggests that the transport sector is independent, may exercise market power and features strong economies of scale. We develop a model of a transport industry that operates...
Persistent link: https://www.econbiz.de/10011957194