Productivity, demand and the home market effect

The causality between international trade and industrialization is still ambiguous. We consider a model of international trade with the Home Market Effect - with differences in income and productivity between sectors and between countries - in order to identify additional channels for determining th...

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Tipo de recurso:
Fecha de publicación:
2016
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
spa
OAI Identifier:
oai:repository.urosario.edu.co:10336/11931
Acceso en línea:
https://doi.org/10.48713/10336_11931
http://repository.urosario.edu.co/handle/10336/11931
Palabra clave:
Comercio internacional (Comercio exterior)
F10
F12
F17
International Trade
Non-homothetic Preferences
Home Market Effect
Monopolistic Competition.
Producción (Teoría Económica)
Consumo (Economía)
Comercio internacional
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License
http://creativecommons.org/licenses/by-nc-nd/2.5/co/
id EDOCUR2_e3a5ba33f9f2cbb424694dfebc0b0d79
oai_identifier_str oai:repository.urosario.edu.co:10336/11931
network_acronym_str EDOCUR2
network_name_str Repositorio EdocUR - U. Rosario
repository_id_str
dc.title.none.fl_str_mv Productivity, demand and the home market effect
title Productivity, demand and the home market effect
spellingShingle Productivity, demand and the home market effect
Comercio internacional (Comercio exterior)
F10
F12
F17
International Trade
Non-homothetic Preferences
Home Market Effect
Monopolistic Competition.
Producción (Teoría Económica)
Consumo (Economía)
Comercio internacional
title_short Productivity, demand and the home market effect
title_full Productivity, demand and the home market effect
title_fullStr Productivity, demand and the home market effect
title_full_unstemmed Productivity, demand and the home market effect
title_sort Productivity, demand and the home market effect
dc.subject.none.fl_str_mv Comercio internacional (Comercio exterior)
F10
F12
F17
International Trade
Non-homothetic Preferences
Home Market Effect
Monopolistic Competition.
Producción (Teoría Económica)
Consumo (Economía)
Comercio internacional
topic Comercio internacional (Comercio exterior)
F10
F12
F17
International Trade
Non-homothetic Preferences
Home Market Effect
Monopolistic Competition.
Producción (Teoría Económica)
Consumo (Economía)
Comercio internacional
description The causality between international trade and industrialization is still ambiguous. We consider a model of international trade with the Home Market Effect - with differences in income and productivity between sectors and between countries - in order to identify additional channels for determining the effects of international trade on industrialization. Introducing non-homothetic preferences and differences in productivity aids in the interpretation of any apparent paradoxes within international trade, such as the commercial relations between more populated countries like China and India and large economies such as the U.S. Population size, demand composition and productivity levels constitute the three main channels for determining the effects of international trade. Interactions among these channels define the results obtained in terms of industrialization, while welfare levels are always higher in relation to autarky.
publishDate 2016
dc.date.none.fl_str_mv 2016-04-15
2016-04-18T20:42:27Z
dc.type.none.fl_str_mv info:eu-repo/semantics/workingPaper
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_8042
dc.identifier.none.fl_str_mv https://doi.org/10.48713/10336_11931
http://repository.urosario.edu.co/handle/10336/11931
url https://doi.org/10.48713/10336_11931
http://repository.urosario.edu.co/handle/10336/11931
dc.language.none.fl_str_mv spa
language spa
dc.relation.none.fl_str_mv https://ideas.repec.org/p/col/000092/014447.html
dc.rights.none.fl_str_mv http://creativecommons.org/licenses/by-nc-nd/2.5/co/
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
rights_invalid_str_mv http://creativecommons.org/licenses/by-nc-nd/2.5/co/
http://purl.org/coar/access_right/c_abf2
dc.format.none.fl_str_mv 36 páginas
application/pdf
Documento
dc.publisher.none.fl_str_mv Universidad del Rosario
Facultad de Economía
publisher.none.fl_str_mv Universidad del Rosario
Facultad de Economía
dc.source.none.fl_str_mv Antweiler, W., & Treáer, D. (2002). Increasing Returns and All That: A View from Trade. American Economic Review, 93-119
Bohman, H., & Nilsson, D. (2007). Income Inequality as a Determinant of Trade Flows. International Journal of Applied Economics, 40-59.
Chung, C. (2006). Non-homothetic Preferences and the Home Market E§ect: Does Relative Mar- ket Size Matter? Georgia Institute of Technology.
Corden, W. (1970). A Note on Economies of Scale, the Size of the Domestic Market and the Pattern of Trade. Studies in International Economics.
Corsetti, G., Martin, P., & Pesenti, P. (2007). Productivity, terms of trade and the "home market e§ect". Journal of International Economics, 99-127.
Crozet, M., & Trionfetti, F. (2008). Trade Costs and the Home Market E§ect. Journal of Inter- national Economics, 309-321.
Dalgin, M., Mitra, D., & Trindade, V. (2008). Inequality, Non-homothetic Preferences, and Trade: A Gravity Approach. Southern Economic Journal, 747-774.
Davis, D. (1998). The Home Market, Trade, and Industrial Structure. American Economic Review, 1264-1276.
Davis, D., & Weinstein, D. (1996). Does Economic Geography Matter For International Special- ization? NBER Working Paper.
avis, D., & Weinstein, D. (2003). Market Access, Economic Geography and Comparative Ad- vantage: An Empirical Assessment. Journal of International Economics, 1-23.
Desdoigts, A., & Jaramillo, F. (2009). Trade, Demand Spillovers, and Industralization: The emerging global middle class in perspective. Journal of International Economics, 248-258.
Fujita, M., Krugman, P., & Venables, A. (2000). EconomÌa Espacial. Las ciudades, las regiones y el comercio internacional. Barcelona: Ariel S.A.
Hanson, G., & Xiang, C. (2004). The Home Market E§ect and Bilateral Trade Patterns. American Economic Review, 1108-1129.
Helpman, E., & Krugman, P. (1985). Market Structure and Foreing Trade. Cambridge: MIT Press.
Huang, D.-S., & Huang, Y.-Y. (2011). Technology Advantage and Home Market E§ect: An Empirical Investigation. Journal of Economic Integration, 81-109.
Krugman, P. (1980). Scale Economies, Product Di§erentiation, and the Pattern of Trade. Amer- ican Economic Review, 950-959.
Krugman, P. (1991). Increasing Returns and Economic Geography. The Journal of Political Econ- omy, 483-499.
Linder, B. (1961). An Essay on Trade and Transformation.
Markusen, J. (1986). Explaining the Volume of Trade: An eclectic approach. American Economic Review, 1002-1011
Martin, P., & Ottaviano, G. (1999). Growing locations: Industry location in a model of endogenous growth. European Economic Review, 281-302.
Melitz, M. J. (2005). When and How should Infant Industries be Protected? Journal of Interna- tional Economics, 177-196.
Mitra, D., & Trindade, V. (2005). Inequality and Trade. The Canadian Journal of Economics, 1253-1271.
Romer, P. (1990). Endogenous Technological Change. Journal of Political Economy, 71-102.
Young, A. (1991). Learning by Doing and the Dynamic E§ects of International Trade. The Quar- terly Journal of Economics, 369-405.
Yu, Z. (2005). Trade, Market Size, and Industrial Structure: Revisiting the Home Market E§ect. The Canadian Journal of Economics, 255-272.
instname:Universidad del Rosario
reponame:Repositorio Institucional EdocUR
instname_str Universidad del Rosario
institution Universidad del Rosario
reponame_str Repositorio Institucional EdocUR
collection Repositorio Institucional EdocUR
repository.name.fl_str_mv
repository.mail.fl_str_mv
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spelling Productivity, demand and the home market effectComercio internacional (Comercio exterior)F10F12F17International TradeNon-homothetic PreferencesHome Market EffectMonopolistic Competition.Producción (Teoría Económica)Consumo (Economía)Comercio internacionalThe causality between international trade and industrialization is still ambiguous. We consider a model of international trade with the Home Market Effect - with differences in income and productivity between sectors and between countries - in order to identify additional channels for determining the effects of international trade on industrialization. Introducing non-homothetic preferences and differences in productivity aids in the interpretation of any apparent paradoxes within international trade, such as the commercial relations between more populated countries like China and India and large economies such as the U.S. Population size, demand composition and productivity levels constitute the three main channels for determining the effects of international trade. Interactions among these channels define the results obtained in terms of industrialization, while welfare levels are always higher in relation to autarky.Universidad del RosarioFacultad de Economía2016-04-152016-04-18T20:42:27Zinfo:eu-repo/semantics/workingPaperhttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_804236 páginasapplication/pdfDocumentohttps://doi.org/10.48713/10336_11931 http://repository.urosario.edu.co/handle/10336/11931Antweiler, W., & Treáer, D. (2002). Increasing Returns and All That: A View from Trade. American Economic Review, 93-119Bohman, H., & Nilsson, D. (2007). Income Inequality as a Determinant of Trade Flows. International Journal of Applied Economics, 40-59.Chung, C. (2006). Non-homothetic Preferences and the Home Market E§ect: Does Relative Mar- ket Size Matter? Georgia Institute of Technology.Corden, W. (1970). A Note on Economies of Scale, the Size of the Domestic Market and the Pattern of Trade. Studies in International Economics.Corsetti, G., Martin, P., & Pesenti, P. (2007). Productivity, terms of trade and the "home market e§ect". Journal of International Economics, 99-127.Crozet, M., & Trionfetti, F. (2008). Trade Costs and the Home Market E§ect. Journal of Inter- national Economics, 309-321.Dalgin, M., Mitra, D., & Trindade, V. (2008). Inequality, Non-homothetic Preferences, and Trade: A Gravity Approach. Southern Economic Journal, 747-774.Davis, D. (1998). The Home Market, Trade, and Industrial Structure. American Economic Review, 1264-1276.Davis, D., & Weinstein, D. (1996). Does Economic Geography Matter For International Special- ization? NBER Working Paper.avis, D., & Weinstein, D. (2003). Market Access, Economic Geography and Comparative Ad- vantage: An Empirical Assessment. Journal of International Economics, 1-23.Desdoigts, A., & Jaramillo, F. (2009). Trade, Demand Spillovers, and Industralization: The emerging global middle class in perspective. Journal of International Economics, 248-258.Fujita, M., Krugman, P., & Venables, A. (2000). EconomÌa Espacial. Las ciudades, las regiones y el comercio internacional. Barcelona: Ariel S.A.Hanson, G., & Xiang, C. (2004). The Home Market E§ect and Bilateral Trade Patterns. American Economic Review, 1108-1129.Helpman, E., & Krugman, P. (1985). Market Structure and Foreing Trade. Cambridge: MIT Press.Huang, D.-S., & Huang, Y.-Y. (2011). Technology Advantage and Home Market E§ect: An Empirical Investigation. Journal of Economic Integration, 81-109.Krugman, P. (1980). Scale Economies, Product Di§erentiation, and the Pattern of Trade. Amer- ican Economic Review, 950-959.Krugman, P. (1991). Increasing Returns and Economic Geography. The Journal of Political Econ- omy, 483-499.Linder, B. (1961). An Essay on Trade and Transformation.Markusen, J. (1986). Explaining the Volume of Trade: An eclectic approach. American Economic Review, 1002-1011Martin, P., & Ottaviano, G. (1999). Growing locations: Industry location in a model of endogenous growth. European Economic Review, 281-302.Melitz, M. J. (2005). When and How should Infant Industries be Protected? Journal of Interna- tional Economics, 177-196.Mitra, D., & Trindade, V. (2005). Inequality and Trade. The Canadian Journal of Economics, 1253-1271.Romer, P. (1990). Endogenous Technological Change. Journal of Political Economy, 71-102.Young, A. (1991). Learning by Doing and the Dynamic E§ects of International Trade. The Quar- terly Journal of Economics, 369-405.Yu, Z. (2005). Trade, Market Size, and Industrial Structure: Revisiting the Home Market E§ect. The Canadian Journal of Economics, 255-272.instname:Universidad del Rosarioreponame:Repositorio Institucional EdocURspahttps://ideas.repec.org/p/col/000092/014447.htmlhttp://creativecommons.org/licenses/by-nc-nd/2.5/co/http://purl.org/coar/access_right/c_abf2Giraldo, LaderJaramillo Mejía, Fernandooai:repository.urosario.edu.co:10336/119312021-06-03T00:46:58Z

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