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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Beyond the Home Market Effect: Market Size and Specialization in a Multi-Country World | |
Kristian Behrens; Andrea R. Lamorgese; Gianmarco I.P. Ottaviano; Takatoshi Tabuchi | |
发表日期 | 2009 |
出处 | Economy and Society |
出版年 | 2009 |
语种 | 英语 |
摘要 | The standard two-country model of international trade with monopolistic competition predicts a more-than-proportional relationship between a country’s share of world production of a good and its share of world demand for that same good, a result known as the “home market effect”. We first show that this prediction does not generally carry through to the multi-country case, as production patterns are crucially affected by third country effects. We then derive an alternative prediction that holds whatever the number of countries considered. This new prediction takes into account important features of the real world such as comparative advantage due to cross-country technological differences and lack of factor price equalization. |
特色分类 | F12;R12 |
关键词 | Comparative Advantage Home Market Effect Hub Effect International Trade Monopolistic Competition Multi-country Models |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/beyond-the-home-market-effect-market-size-and-specialization-in-a-multi-country-world/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117667 |
推荐引用方式 GB/T 7714 | Kristian Behrens,Andrea R. Lamorgese,Gianmarco I.P. Ottaviano,et al. Beyond the Home Market Effect: Market Size and Specialization in a Multi-Country World. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
200912111622341Nota_(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
2010171715514119-09.(378KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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