On the Measurement of Product Variety in Trade

• Tác giả: Robert Feenstra
• Ngôn ngữ: eng
• Ký hiệu phân loại: 382.4 Specific products and services
• Thông tin xuất bản: 2013
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 313907
• Chủ đề: 1. EXPORT DIVERSIFICATION; 2. IMPORT PRICES; 3. MONOPOLISTIC COMPETITION; 4. PRODUCT CHOICE; 5. TRADE

Tóm tắt

Product variety plays an important role in the theoretical work on monopolistic competition and trade, and recent empirical work has begun to quantify this for aggregate and disaggregate import demands. The authors discuss the measurement of product variety in trade, using a broad cross-section of industrial and developing countries and disaggregating across sectors. The authors calculate the export variety of countries in their sales to the United States, and relate the export variety indexes to country productivities. They confirm that countries with greater product variety in exports also have higher productivity. This may be due to their development of and access to these products.