SMU SOE Seminar (Nov 17, 2017): Trade and Vertical Differentiation

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ABSTRACT This paper discusses a trade model with many countries, many goods produced in multiple quality versions, and non-homothetic preferences. It embeds in the same model a series of results that have been empirically confirmed: high-income countries specialize in the production of high-quality goods and trade more of those. Richer countries purchase more high-quality varieties. They import more high-quality products from the most productive exporters. The paper then studies the impact of productivity and population changes on the quality composition of exports. Click here to view his CV.
		PRESENTER Pierre Picard University of Luxembourg
		RESEARCH FIELDS Public Economics Industrial Organization Spatial and Regional Economics Economic Geography
		DATE: 17 November 2017 (Friday)
		TIME: 4pm - 5.30pm
		VENUE: Meeting Room 5.1, Level 5 School of Economics Singapore Management University 90 Stamford Road Singapore 178903