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Many international trade theories and evidence suggest that trade in homogeneous and differentiated goods is different, and trade performance depends significantly on the extent of product differentiation. First this paper classifies the three countries' export products using Rauch's [Rauch, J....
Persistent link: https://www.econbiz.de/10005452970
This paper presents a two-stage game, in which in the first stage two multinational firms (MNFs) seeking pollution havens choose a location, that is, whether to export to or undertake FDI in the host country, and in the second stage, these two MNFs and a firm in the host country play a Cournot...
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Recently, there has been increased interest in the distinction between the extensive margin (EM) and the intensive margin (IM) of international trade. Between 1988 and 2006, the growth of the EMs and IMs of Korean exports has been diverse across its destinations. This paper links each component...
Persistent link: https://www.econbiz.de/10010578176
The standard international trade models predict that economic growth induces decreasing export prices. Korea has recorded sustainable economic and export growth, and its export prices have been deteriorating over the last decades. Unlike the standard assumption of one good per country, the new...
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China's penetration of the world market has been impressive. This paper uses highly disaggregated Korean import data (from 1992 to 2008) to examine China's penetration of the Korean market in the context of the composition of value (the extensive and intensive margins) and the product type...
Persistent link: https://www.econbiz.de/10008679249