G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1507
DP1507 Is the Natural Rate a Reference Point?
Dennis Snower; Marika Karanassou
发表日期1996-11-30
出版年1996
语种英语
摘要The recent extensive study of vertical product differentiation models has allowed for the analysis of international trade issues in the presence of country asymmetries in terms of product qualities, technology, costs, market size, and income. In the presence of such asymmetries, national industries will either be market leaders or be lagging behind in the international market place in terms of their product qualities. The resulting asymmetry in profits creates powerful incentives for lagging industries as well as their national governments to reverse this situation to their advantage, i.e. to induce ?leapfrogging? in terms of product qualities. This note presents an example where a minimum quality standard facilitates leapfrogging as well as exit of the foreign firm.
主题International Trade and Regional Economics
关键词Country asymmetries Leapfrogging Oligopoly Quality Trade Vertical product differentiation
URLhttps://cepr.org/publications/dp1507
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530647
推荐引用方式
GB/T 7714
Dennis Snower,Marika Karanassou. DP1507 Is the Natural Rate a Reference Point?. 1996.
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