Measuring the benefits of foreign product variety with an accurate variety set

• 成果类型: Article
• 署名作者: Blonigen, Bruce A.; Soderbery, Anson
• 署名单位: University of Oregon; University of Oregon; National Bureau of Economic Research; University of California System; University of California Davis
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2010.08.001
• 发表日期: 2010
• 页码: 168-180
• 关键词: product variety; TRADE; Armington; monopolistic competition; automobiles

摘要

Recent studies have used import data to assess the Impact of foreign varieties on domestic prices and welfare We employ a market based data set on the US automobile market that allows us to define goods varieties at a more precise level as well as discern location of production and ownership of varieties Our estimates of price and welfare changes from new varieties in the US automobile sector are twice as large as standard estimates when using our detailed market-based data We also show that new varieties Introduced by foreign-owned affiliates provided an additional 70% welfare gain during our sample (C) 2010 Elsevier B V All rights reserved