G2TT
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
URLhttps://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.
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