On the Measurement of Product Variety in Trade

Product variety plays an important role in the theoretical work on monopolistic competition and trade, and recent empirical work has begun to quantify this for aggregate and disaggregate import demands. The authors discuss the measurement of produc...

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Main Authors:	Feenstra, Robert, Looi Kee, Hiau
Format:	Policy Research Working Paper
Language:	English en_US
Published:	2013
Subjects:	TRADE MONOPOLISTIC COMPETITION PRODUCT CHOICE IMPORT PRICES EXPORT DIVERSIFICATION PRODUCTIVITY GLOBAL ECONOMY COST FUNCTIONS COUNTRY PRODUCTIVITY COUNTRY PRODUCTIVITY DIFFERENCES DEVELOPMENT ECONOMICS DOMESTIC PRICE ECONOMIC GROWTH ECONOMIC REVIEW ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE EQUILIBRIUM EXPORT VARIETY EXPORTS GDP IMPORTS INDEX NUMBERS INPUT PRICES INTERNATIONAL TRADE PERFECT COMPETITION PRODUCTION FUNCTION PRODUCTIVITY DIFFERENCES TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT VALUE OF OUTPUT VARIETY WORLD ECONOMY GROSS DOMESTIC PRODUCT
Online Access:	http://documents.worldbank.org/curated/en/2004/02/3909115/measurement-product-variety-trade http://hdl.handle.net/10986/14309

id	okr-10986-14309
recordtype	oai_dc
spelling	okr-10986-143092021-04-23T14:03:20Z On the Measurement of Product Variety in Trade Feenstra, Robert Looi Kee, Hiau TRADE MONOPOLISTIC COMPETITION PRODUCT CHOICE IMPORT PRICES EXPORT DIVERSIFICATION PRODUCTIVITY GLOBAL ECONOMY COST FUNCTIONS COUNTRY PRODUCTIVITY COUNTRY PRODUCTIVITY DIFFERENCES DEVELOPMENT ECONOMICS DOMESTIC PRICE ECONOMIC GROWTH ECONOMIC REVIEW ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE EQUILIBRIUM EXPORT VARIETY EXPORTS GDP IMPORTS INDEX NUMBERS INPUT PRICES INTERNATIONAL TRADE MONOPOLISTIC COMPETITION PERFECT COMPETITION PRODUCTION FUNCTION PRODUCTIVITY PRODUCTIVITY DIFFERENCES TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT VALUE OF OUTPUT VARIETY WORLD ECONOMY GROSS DOMESTIC PRODUCT Product variety plays an important role in the theoretical work on monopolistic competition and trade, and recent empirical work has begun to quantify this for aggregate and disaggregate import demands. The authors discuss the measurement of product variety in trade, using a broad cross-section of industrial and developing countries and disaggregating across sectors. The authors calculate the export variety of countries in their sales to the United States, and relate the export variety indexes to country productivities. They confirm that countries with greater product variety in exports also have higher productivity. This may be due to their development of and access to these products. 2013-07-01T17:17:35Z 2013-07-01T17:17:35Z 2003-02 http://documents.worldbank.org/curated/en/2004/02/3909115/measurement-product-variety-trade http://hdl.handle.net/10986/14309 English en_US Policy, Research working paper;no. WPS 3213 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	TRADE MONOPOLISTIC COMPETITION PRODUCT CHOICE IMPORT PRICES EXPORT DIVERSIFICATION PRODUCTIVITY GLOBAL ECONOMY COST FUNCTIONS COUNTRY PRODUCTIVITY COUNTRY PRODUCTIVITY DIFFERENCES DEVELOPMENT ECONOMICS DOMESTIC PRICE ECONOMIC GROWTH ECONOMIC REVIEW ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE EQUILIBRIUM EXPORT VARIETY EXPORTS GDP IMPORTS INDEX NUMBERS INPUT PRICES INTERNATIONAL TRADE MONOPOLISTIC COMPETITION PERFECT COMPETITION PRODUCTION FUNCTION PRODUCTIVITY PRODUCTIVITY DIFFERENCES TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT VALUE OF OUTPUT VARIETY WORLD ECONOMY GROSS DOMESTIC PRODUCT
spellingShingle	TRADE MONOPOLISTIC COMPETITION PRODUCT CHOICE IMPORT PRICES EXPORT DIVERSIFICATION PRODUCTIVITY GLOBAL ECONOMY COST FUNCTIONS COUNTRY PRODUCTIVITY COUNTRY PRODUCTIVITY DIFFERENCES DEVELOPMENT ECONOMICS DOMESTIC PRICE ECONOMIC GROWTH ECONOMIC REVIEW ELASTICITY ELASTICITY OF SUBSTITUTION EMPIRICAL EVIDENCE EQUILIBRIUM EXPORT VARIETY EXPORTS GDP IMPORTS INDEX NUMBERS INPUT PRICES INTERNATIONAL TRADE MONOPOLISTIC COMPETITION PERFECT COMPETITION PRODUCTION FUNCTION PRODUCTIVITY PRODUCTIVITY DIFFERENCES TOTAL FACTOR PRODUCTIVITY TOTAL OUTPUT VALUE OF OUTPUT VARIETY WORLD ECONOMY GROSS DOMESTIC PRODUCT Feenstra, Robert Looi Kee, Hiau On the Measurement of Product Variety in Trade
relation	Policy, Research working paper;no. WPS 3213
description	Product variety plays an important role in the theoretical work on monopolistic competition and trade, and recent empirical work has begun to quantify this for aggregate and disaggregate import demands. The authors discuss the measurement of product variety in trade, using a broad cross-section of industrial and developing countries and disaggregating across sectors. The authors calculate the export variety of countries in their sales to the United States, and relate the export variety indexes to country productivities. They confirm that countries with greater product variety in exports also have higher productivity. This may be due to their development of and access to these products.
format	Publications & Research :: Policy Research Working Paper
author	Feenstra, Robert Looi Kee, Hiau
author_facet	Feenstra, Robert Looi Kee, Hiau
author_sort	Feenstra, Robert
title	On the Measurement of Product Variety in Trade
title_short	On the Measurement of Product Variety in Trade
title_full	On the Measurement of Product Variety in Trade
title_fullStr	On the Measurement of Product Variety in Trade
title_full_unstemmed	On the Measurement of Product Variety in Trade
title_sort	on the measurement of product variety in trade
publishDate	2013
url	http://documents.worldbank.org/curated/en/2004/02/3909115/measurement-product-variety-trade http://hdl.handle.net/10986/14309
_version_	1764430276460544000

On the Measurement of Product Variety in Trade

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