Konferenzbeitrag
Identity Creating Goods and Free Trade
Identity creating or cultural goods are characterized by a positive consumption network externality and increased utility because of doing what the reference group expects. Different countries have different cultural goods. It is shown that moving from autarky to free trade a country may suffer a welfare reduction if consumption of its own cultural good is reduced in favor of a foreign cultural good, regardless of comparative advantage. On the other hand, welfare may be increased even if the domestic cultural good disappears altogether.
- Language
-
Englisch
- Bibliographic citation
-
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Foreign Direct Investment, Employment and Wages ; No. B4-V1
- Classification
-
Wirtschaft
Trade: General
Trade: Other
Trade Policy; International Trade Organizations
- Subject
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Cultural goods
free trade
- Event
-
Geistige Schöpfung
- (who)
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Clemenz, Gerhard
- Event
-
Veröffentlichung
- (who)
-
Verein für Socialpolitik
- (where)
-
Frankfurt a. M.
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Clemenz, Gerhard
- Verein für Socialpolitik
Time of origin
- 2010
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