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Tekijä:Matsuyama, K.
Otsikko:A Ricardian model with a continuum of goods under nonhomothetic preferences: demand complementarities, income distribution, and North-South trade
Lehti:Journal of Political Economy
2000 : DEC, VOL. 108:6, p. 1093-1120
Asiasana:CONSUMER GOODS
NEW INTERNATIONAL ECONOMIC ORDER
Vapaa asiasana:RICARDIAN MODEL
Kieli:eng
Tiivistelmä:This paper develops a Ricardian model of trade in which goods are indexed according to priority and higher-indexed goods are consumed only by richer households. South (North) has a comparative advantage in lower- (higher-) indexed goods and, hence, specializes in goods with lower (higher) income elasticities of demand.
SCIMA tietueen numero: 220492
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