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文章基本信息

  • 标题:Economic Development, Vertical Intra-Industry Trade and Gains from Trade
  • 本地全文:下载
  • 作者:Le Duc Niem ; Taegi Kim
  • 期刊名称:Modern Economy
  • 印刷版ISSN:2152-7245
  • 电子版ISSN:2152-7261
  • 出版年度:2014
  • 卷号:5
  • 期号:1
  • 页码:1-10
  • DOI:10.4236/me.2014.51001
  • 出版社:Scientific Research Publishing
  • 摘要:This paper investigates the impact of economic development on international trade and sources of gains from trade based on a theoretical model that considers consumers’ preference diversity for quality and economies of scale in production. We confirm that both the volume of trade and the share of intra-industry trade increase with increases in the level of economic development in the region. We also find that the intra-industry trade share increases as the technology levels of the two countries become similar. Additionally, we find that both countries can gain from trade and that those gains come from three sources: internal economies of scale, more consumption, and more variety of goods.
  • 关键词:Product Quality; Volume of Trade; Intra-Industry Trade; Economic Development; Gains from Trade
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