A Model of Trade Flows in Differentiated Goods
In modeling trade competition for final products within a sector, the assumption of product homogeneity is often quite unrealistic. Even where the demand for different versions of the product can be attributed to relatively independent submarkets, considerable heterogeneity may still exist within each submarket. For each submarket, such as that for a medium-priced family car, it is assumed that more product heterogeneity exists between countries or regions than within them. Heterogeneity between regions is related to the existence of importers, acting as intermediate agents, who make trade-offs between cif import prices of goods and the willingness-to-pay by consumers. Aggregate spatial supply and demand functions based on plausible distributional assumptions are presented and estimated using a unified theoretical basis for each regional grouping of producers, importers, and consumers. Conditions for simultaneous equilibrium for these three sets of agents are established, and illustrated via a small numerical example.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 27 (1993)
Issue (Month): 2 ()
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://link.springer.com/journal/168|
When requesting a correction, please mention this item's handle: RePEc:spr:anresc:v:27:y:1993:i:2:p:95-115. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.