The role of product variety and quality and of domestic supply in foreign trade
AbstractThe study examines the behaviour of imports of goods in the Greek economy during the last five decades and their determinants, with an emphasis on consumer’s preferences for “variety and quality” of the imported goods as well as on the demand and supply conditions of these goods in the domestic market. The estimated equations provide strong evidence for the importance of these two factors for import demand, and also explain significantly the stylized facts as well as long- and short-term movements in trade.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 32034.
Date of creation: Apr 2011
Date of revision:
effective demand for imports; New Trade Theory; product variety and quality.;
Other versions of this item:
- Panayiotis P. Athanasoglou, 2011. "The role of product variety and quality and of domestic supply in foreign trade," Working Papers, Bank of Greece 128, Bank of Greece.
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
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