Lorz O, Wrede M (2008)
Publication Language: English
Publication Type: Journal article
Publication year: 2008
Publisher: Wiley-Blackwell
Book Volume: 41
Pages Range: 517–536
DOI: 10.1111/j.1540-5982.2008.00473.x
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.
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://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.
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