Skip to main content
Article thumbnail
Location of Repository

VERTICAL PRODUCT DIFFERENTIATION AND THE VALUE OF TIME UDAYAN ROY*

By 

Abstract

The paper presents a model of international trade in goods that are ranked by quality. The model differs from existing theories of trade under vertical product differentiation in several ways. The main difference is in the way quality is modeled. But this paper also has different positive implications for the pattern of trade and it provides a theoretical explanation for Leontief Paradox-type empirical findings. The model indicates that several of the most important empirical challenges faced by the Heckscher-Ohlin-Vanek model can be dealt with by taking into account the quality aspect of traded goods. [F1] 1

Year: 2011
OAI identifier: oai:CiteSeerX.psu:10.1.1.198.564
Provided by: CiteSeerX
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://citeseerx.ist.psu.edu/v... (external link)
  • http://www.iejournal.com/98fal... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.