Product Quality and the International Location of Manufacturing Industry

• 영문명: Product Quality and the International Location of Manufacturing Industry
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Sylvia D. Gottschalk
• 간행물 정보: 『Journal of Economic Integration』제17권 제2호, 363~376쪽, 전체 14쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2002.06.30

영문 초록

This paper investigates how trade liberalisation affects manufacturing production in the South when consumer perception of product substitutability in North and South is asymmetric. Consumers in the former view foreign goods as poorer substitutes of domestic varieties, while in the latter foreign and domestic varieties are equally substitutable. The main result of our exercise is that asymmetric product substitutability gives firms in the North better access to markets in the South. Local manufacturing production then becomes unsustainable even at positive trade costs, while deepening trade liberalisation usually results in the South specialising in non-industrial production.

목차

Ⅰ. Introduction

Ⅱ. The Model

Ⅲ. Trade Liberalisation and the Location of Industries

Ⅳ. Conclusion

키워드

trade liberalization north-south trade asymmetric product substitutability