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논문 리스트

2009
Economic development and trade of quality differentiated goods. Economic development and trade of quality differentiated goods.
한국경제학회
논문정보
Publisher
The Korean Economic Review
Issue Date
2009-12-21
Keywords
-
Citation
-
Source
-
Journal Title
-
Volume
25
Number
2
Start Page
367
End Page
385
DOI
ISSN
1226377X
Abstract
In this paper, we investigate the impact of economic development on international trade from a theoretical perspective, which considers qualitydifferentiated products and preference diversity for quality. We model two trading partners, and evaluate the effects of per capita income and technology on trade volume and intra-industry trade. We show that the volume of trade and the share of intra-industry trade increases as per capita income increases. Furthermore, we also demonstrate that the volume of trade is proportional to the level of technology, and that the intra-industry trade share increases as the technology in the two countries become similar. This theoretical model may explain why trade volume and intra-industry trade tend to be higher in rich countries than in poor countries.

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