Intraindustry trade under vertical product differentiation

Lambertini, Luca (1995) Intraindustry trade under vertical product differentiation. DOI 10.6092/unibo/amsacta/786.
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Abstract

The paper focuses on trade between two countries where a vertically differentiated commodityis produced by a single firm in each country, operating initially in autarkic conditions. It is assumed that the two countries have overlapping income distributions, giving thus rise, under certain conditions, to two-way trade, i.e., a proper intraindustry trade. It emerges that while consumers always benefit from trade, especially if two-way trade arises, firms may have conflicting preferences on the choice between (i) autarky and trade, as well as (ii) one-way trade and two-way trade.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Lambertini, Luca
Keywords
intraindustry trade vertical differentiation income
Subjects
DOI
Deposit date
17 Jun 2004
Last modified
17 Feb 2016 14:04
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