The Impact of Talent Distribution on Trade
AbstractIn an equilibrium trade model, we prove that not only the diversity effect but also the kurtosis effect will affect the pattern of comparative advantage. Furthermore, we find that, against the conventional results, if the kurtosis effect dominates the diversity effect then a country with more (less) diversified talent may export the goods produced by supermodular (submodular) technology.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 32 (2012)
Issue (Month): 3 ()
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small open economy; talent distribution; trade;
Find related papers by JEL classification:
- F1 - International Economics - - Trade
- D5 - Microeconomics - - General Equilibrium and Disequilibrium
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bougheas, Spiros & Riezman, Raymond, 2007.
"Trade and the distribution of human capital,"
Journal of International Economics,
Elsevier, vol. 73(2), pages 421-433, November.
- Franziska Ohnsorge & Daniel Trefler, 2004. "Sorting It Out: International Trade and Protection With Heterogeneous Workers," NBER Working Papers 10959, National Bureau of Economic Research, Inc.
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