| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w11752 |
| 来源ID | Working Paper 11752 |
| Buyer Investment, Product Variety, and Intrafirm Trade | |
| Robert C. Feenstra; Yongmin Chen | |
| 发表日期 | 2005-11-14 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | This paper studies a simple model of buyer investment and its effect on the variety and vertical structure of international trade. A distinction is made between two types of buyer investment: "flexible" and "specific." Their interactions with the entry and pricing incentives of suppliers are analyzed. It is shown that (i) there can be multiple equilibria in the variety of products traded, and (ii) less product variety is associated with more intrafirm trade. The possibility of multiple equilibria is consistent with the observation that some similar economies, such as Taiwan and South Korea, differ substantially in their export varieties to the U.S. A formal empirical analysis confirms the negative correlation between product variety and intrafirm trade. |
| 主题 | International Economics ; Trade |
| URL | https://www.nber.org/papers/w11752 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569403 |
| 推荐引用方式 GB/T 7714 | Robert C. Feenstra,Yongmin Chen. Buyer Investment, Product Variety, and Intrafirm Trade. 2005. |
| 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 | ||
| w11752.pdf（295KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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