| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7939 |
| DP7939 Non-homothetic preferences, parallel imports and the extensive margin of international trade | |
| Josef Zweimüller; Reto Foellmi; Christian Hepenstrick | |
| 发表日期 | 2010-08-01 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | We study international trade in a model where consumers have non-homothetic preferences and where household income restricts the extensive margin of consumption. In equilibrium, monopolistic producers set high (low) prices in rich (poor) countries but a threat of parallel trade restricts the scope of price discrimination between countries. The threat of parallel trade allows differences in per capita incomes to have a strong impact on the extensive margin of trade, whereas differences in population sizes have a weaker effect. We also show that the welfare gains from trade liberalization are biased towards rich countries. We extend our model to more than two countries; to unequal incomes within countries; and to more general specifications of non-homothetic preferences. Our basic results are robust to these extensions. |
| 主题 | Industrial Organization ; International Trade and Regional Economics |
| 关键词 | Extensive margin of trade Heterogenous markups Non-homothetic preferences Parallel imports |
| URL | https://cepr.org/publications/dp7939 |
| 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/536776 |
| 推荐引用方式 GB/T 7714 | Josef Zweimüller,Reto Foellmi,Christian Hepenstrick. DP7939 Non-homothetic preferences, parallel imports and the extensive margin of international trade. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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