Author: James R. MalleyPublisher:
ISBN:
Category :
Languages : en
Pages : 35
Book Description
Vertical Product Differentiation and the Import Demand Function
Author: James R. MalleyVertical Product Differentiation and the Import Demand Function
Author: Jim MalleyPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
In this paper we use a model of vertical product differentiation to cast doubt on the general validity of the import demand function as specified in macroeconomic models. The empirical importance of our theoretical concerns is then established. According to our first hypothesis, the share of a good's imports in total imports is non-increasing in domestic wages if the country has comparative advantage in high-quality varieties of this good. The second hypothesis states that the share of a good's imports is increasing in non-wage domestic income if the country has comparative advantage in high-quality varieties of this good.
The Economic Theory of Product Differentiation
Author: John BeathPublisher: Cambridge University Press
ISBN: 9780521335522
Category : Business & Economics
Languages : en
Pages : 220
Book Description
There are few industries in modern market economies that do not manufacture differentiated products. This book provides a systematic explanation and analysis of the widespread prevalence of this important category of products. The authors concentrate on models in which product selection is endogenous. In the first four chapters they consider models that try to predict the level of product differentiation that would emerge in situations of market equilibrium. These market equilibria with differentiated products are characterised and then compared with social welfare optima. Particular attention is paid to the distinction between horizontal and vertical differentiation as well as to the related issues of product quality and durability. This book brings together the most important theoretical contributions to these topics in a succinct and coherent manner. One of its major strengths is the way in which it carefully sets out the basic intuition behind the formal results. It will be useful to advanced undergraduate and graduate students taking courses in industrial economics and microeconomic theory.
Import demand with product differentiation
Author: Structural Implications and Estimation of Vertical Product Differentiation
Author: Paul Richard MessingerPublisher:
ISBN:
Category :
Languages : en
Pages : 402
Book Description
Vertical product differentiation and North-South trade
Author: Harry FlamIBSS: Economics: 2002 Vol.51
Author: Compiled by the British Library of Political and Economic SciencePublisher: Routledge
ISBN: 1134340036
Category : Business & Economics
Languages : en
Pages : 675
Book Description
First published in 1952, the International Bibliography of the Social Sciences (anthropology, economics, political science, and sociology) is well established as a major bibliographic reference for students, researchers and librarians in the social sciences worldwide. Key features * Authority: Rigorous standards are applied to make the IBSS the most authoritative selective bibliography ever produced. Articles and books are selected on merit by some of the world's most expert librarians and academics. *Breadth: today the IBSS covers over 2000 journals - more than any other comparable resource. The latest monograph publications are also included. *International Coverage: the IBSS reviews scholarship published in over 30 languages, including publications from Eastern Europe and the developing world. *User friendly organization: all non-English titles are word sections. Extensive author, subject and place name indexes are provided in both English and French. Place your standing order now for the 2003 volumes of the the IBSS Anthropology: 2002 Vol.48 December 2003: 234x156: Hb: 0-415-32634-6: £195.00 Economics: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32635-4: £195.00 Political Science: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32636-2: £195.00 Sociology: 2002 Vol.52 December 2003: 234x156: Hb: 0-415-32637-0: £195.00
Vertical Product Differentiation as an Unorthodox Trade Safeguard
Author: Daniel A. PinkstonPublisher:
ISBN:
Category : Beef
Languages : en
Pages : 556
Book Description
International Bibliography of Economics
Author: Compiled by the British Library of Political and Economic SciencePublisher: Psychology Press
ISBN: 0415326354
Category : Economics
Languages : en
Pages : 676
Book Description
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences.
Estimating Trade Elasticities
Author: Jaime MarquezPublisher: Springer Science & Business Media
ISBN: 1475735367
Category : Business & Economics
Languages : en
Pages : 147
Book Description
One cannot exaggerate the importance of estimating how international trade responds to changes in income and prices. But there is a tension between whether one should use models that fit the data but that contradict certain aspects of the underlying theory or models that fit the theory but contradict certain aspects of the data. The essays in Estimating Trade Elasticities book offer one practical approach to deal with this tension. The analysis starts with the practical implications of optimising behaviour for estimation and it follows with a re-examination of the puzzling income elasticity for US imports that three decades of studies have not resolved. The analysis then turns to the study of the role of income and prices in determining the expansion in Asian trade, a study largely neglected in fifty years of research. With the new estimates of trade elasticities, the book examines how they assist in restoring the consistency between elasticity estimates and the world trade identity.