Book/Printed Material Buyer investment, product variety, and intrafirm trade

Title

• Buyer investment, product variety, and intrafirm trade

Summary

• "This paper studies a simple model of buyer investment and its effect on the variety and vertical structure of international trade. A distinction is made between two types of buyer investment: "flexible" and "specific." Their interactions with the entry and pricing incentives of suppliers are analyzed. It is shown that (i) there can be multiple equilibria in the variety of products traded, and (ii) less product variety is associated with more intrafirm trade. The possibility of multiple equilibria is consistent with the observation that some similar economies, such as Taiwan and South Korea, differ substantially in their export varieties to the U.S. A formal empirical analysis confirms the negative correlation between product variety and intrafirm trade"--National Bureau of Economic Research web site.

Names

• Chen, Yongmin, 1961-
• Feenstra, Robert C.
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2005.

Headings

• -  International trade--Mathematical models
• -  Intra-firm trade--Mathematical models
• -  Korea (South)--Commerce--United States
• -  Taiwan--Commerce--United States
• -  United States--Commerce--Korea (South)
• -  United States--Commerce--Taiwan

Notes

• -  Title from PDF file as viewed on 12/8/2005.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005620586
• http://papers.nber.org/papers/W11752 External

Library of Congress Control Number

• 2005620586

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2005620586

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record