Title: Income Distribution, Product Quality and International Trade

Abstract: 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 preferences in the population generates a nested logit demand structure...

Partners:

Partners Link:

Publication ID: 10

Category Description: Accounting Framework for Trade and Macroeconomic Issues

Publication Type: Paper

Inistitute: NBER

Year: 2009

Month: September

Sub Title:

Author 1: Pablo D. Fajgelbaum

Author 2: Gene M. Grossman

Author 3:Elhanan Helpman

Author 4:

Author 5:

Author 6:

Link: http://www.nber.org/papers/w15329.pdf?new_window=

Tags: monopolistic competition , nested logit , product quality , vertical specialization ,

Featured : false

Image :