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_aLashkaripour, Ahamd _920708 |
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| 245 | _aWithin-Industry specialization and global market power | ||
| 260 | _aAmerican Economic Journal: Microeconomics | ||
| 300 | _a12(1), Feb, 2020: p.75-124 | ||
| 520 | _aExport 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.- Reproduced | ||
| 773 | _aAmerican Economic Journal: Microeconomics | ||
| 906 | _aINDUSTRIES | ||
| 942 | _cAR | ||