Top of page

Notice
Monday, February 16, 2026: For the President's Day holiday, The Library will open under normal operating hours.

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

About this Item

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

Library of Congress Control Number

  • 2005620586

Access Advisory

  • Unrestricted online access

Online Format

  • image
  • pdf

Additional Metadata Formats

Rights & Access

More about Copyright and other Restrictions

For guidance about compiling full citations consult Citing Primary Sources.

Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

Chen, Yongmin, Robert C Feenstra, and National Bureau Of Economic Research. Buyer Investment, Product Variety, and Intrafirm Trade. Cambridge, MA: National Bureau of Economic Research, 2005. Pdf. https://aj.sunback.homes/item/2005620586/.

APA citation style:

Chen, Y., Feenstra, R. C. & National Bureau Of Economic Research. (2005) Buyer Investment, Product Variety, and Intrafirm Trade. Cambridge, MA: National Bureau of Economic Research. [Pdf] Retrieved from the Library of Congress, https://aj.sunback.homes/item/2005620586/.

MLA citation style:

Chen, Yongmin, Robert C Feenstra, and National Bureau Of Economic Research. Buyer Investment, Product Variety, and Intrafirm Trade. Cambridge, MA: National Bureau of Economic Research, 2005. Pdf. Retrieved from the Library of Congress, <aj.sunback.homes/item/2005620586/>.