Standardization of Intermediate Goods and International Trade

Beitrag in einer Fachzeitschrift


Details zur Publikation

Autor(en): Lorz O, Wrede M
Zeitschrift: Canadian Journal of Economics-Revue Canadienne D Economique
Verlag: Wiley-Blackwell
Jahr der Veröffentlichung: 2008
Band: 41
Seitenbereich: 517–536
ISSN: 0008-4085
Sprache: Englisch


Abstract


This paper analyzes the relationship between standardization of intermediate inputs and international trade. We employ a two-country, general equilibrium model with differentiated manufacturing goods. Production of manufacturing goods requires specific intermediate inputs, which can be either specialized or standardized. Standardization and the pattern of trade are determined endogenously in our model. In this framework we derive the effects of trade integration, that is, a decline in trading costs for intermediate goods, on the equilibrium outcome. © 2008 The Canadian Economics Association.



FAU-Autoren / FAU-Herausgeber

Wrede, Matthias Prof. Dr.
Lehrstuhl für Volkswirtschaftslehre, insbesondere Sozialpolitik


Zitierweisen

APA:
Lorz, O., & Wrede, M. (2008). Standardization of Intermediate Goods and International Trade. Canadian Journal of Economics-Revue Canadienne D Economique, 41, 517–536. https://dx.doi.org/10.1111/j.1540-5982.2008.00473.x

MLA:
Lorz, Oliver, and Matthias Wrede. "Standardization of Intermediate Goods and International Trade." Canadian Journal of Economics-Revue Canadienne D Economique 41 (2008): 517–536.

BibTeX: 

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