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SMU SOE Seminar (Nov 17, 2017): Trade and Vertical Differentiation
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TOPIC:
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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.
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PRESENTER
Pierre Picard
University of Luxembourg
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RESEARCH FIELDS
Public Economics
Industrial Organization
Spatial and Regional Economics
Economic Geography
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DATE:
17 November 2017 (Friday)
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TIME:
4pm - 5.30pm
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VENUE:
Meeting Room 5.1, Level 5
School of Economics
Singapore Management University
90 Stamford Road
Singapore 178903
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