Within-Industry Specialization and Global Market Power

• 成果类型: Article
• 署名作者: Lashkaripour, Ahmad
• 署名单位: Indiana University System; Indiana University Bloomington
• 刊物名称: AMERICAN ECONOMIC JOURNAL-MICROECONOMICS
• ISSN/ISSBN: 1945-7669
• DOI: 10.1257/mic.20170336
• 发表日期: 2020
• 页码: 75-124
• 关键词: INTERNATIONAL-TRADE; product quality; prices; income; markups; gains; elasticities; COMPETITION; gravity; IMPACT

摘要

Export price levels exhibit tremendous cross-national and spatial variation, even within narrowly defined industries. Standard theories attribute this variation to within-industry quality specialization. This paper argues that a significant portion of the export price variation is driven by rich and remote economies specializing in high-market power segments of industries. I also argue that this particular pattern of specialization (i) accounts for 30 percent of the overall gains from trade, and (ii) explains more than 37 percent of the observed cross-national income inequality.