| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22538 |
| 来源ID | Working Paper 22538 |
| The More We Die, The More We Sell? A Simple Test of the Home-Market Effect | |
| Arnaud Costinot; Dave Donaldson; Margaret Kyle; Heidi Williams | |
| 发表日期 | 2016-08-22 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | The home-market effect, first hypothesized by Linder (1961) and later formalized by Krugman (1980), is the idea that countries with larger demand for some products at home tend to have larger sales of the same products abroad. In this paper, we develop a simple test of the home-market effect using detailed drug sales data from the global pharmaceutical industry. The core of our empirical strategy is the observation that a country’s exogenous demographic composition can be used as a predictor of the diseases that its inhabitants are most likely to die from and, in turn, the drugs that they are most likely to demand. We find that the correlation between predicted home demand and sales abroad is positive and greater than the correlation between predicted home demand and purchases from abroad. In short, countries tend to be net sellers of the drugs that they demand the most, as predicted by Linder (1961) and Krugman (1980). |
| 主题 | International Economics ; Trade |
| URL | https://www.nber.org/papers/w22538 |
| 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/580212 |
| 推荐引用方式 GB/T 7714 | Arnaud Costinot,Dave Donaldson,Margaret Kyle,et al. The More We Die, The More We Sell? A Simple Test of the Home-Market Effect. 2016. |
| 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 | ||
| w22538.pdf（352KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
