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The Determinants of Quality Specialization

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NBER2016-10-01 更新2025-01-04 收录
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A growing literature suggests that high-income countries export high-quality goods. Two hypotheses may explain such specialization, with different implications for welfare, inequality, and trade policy. Fajgelbaum, Grossman, and Helpman (2011) formalize the Linder hypothesis that home demand

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2016-10-01
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