Arbeitspapier
International trade and retailing
The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to them. This study shows that both predictions may no longer hold once adjustments in the retail sector are taken into account. I present a new model of retailing in general equilibrium and explore its implications for a number of different shocks. The results demonstrate that retail assortments may remain constant if consumers have a low preference for diversity, and that consumer prices can even rise if the retail density is sufficiently low.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 2597
- Klassifikation
-
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Production, Pricing, and Market Structure; Size Distribution of Firms
Retail and Wholesale Trade; e-Commerce
- Thema
-
International trade
retailing
diversity
market structure
welfare
monopolistic competition
Einzelhandelspreispolitik
Einzelhandel
Marktstruktur
Diversifikation
Neue Außenhandelstheorie
Internationaler Wettbewerb
Monopolistischer Wettbewerb
Wohlfahrtseffekt
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Eckel, Carsten
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Eckel, Carsten
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2009