Across-Product Versus Within-Product Specialization in International Trade
Across-Product Versus Within-Product Specialization in International Trade
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DOI:
10.1162/0033553041382201
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发表时间:
2004-05
影响因子:
13.7
通讯作者:
Peter K. Schott
中科院分区:
文献类型:
--
作者:
Peter K. Schott
This paper exploits product-level U. S. import data to test trade theory. Although the United States increasingly sources the same products from both high- and low-wage countries, unit values within products vary systematically with exporter relative factor endowments and exporter production techniques. These facts reject factor-proportions specialization across products but are consistent with such specialization within products. The data are inconsistent with new trade theory models predicting an inverse relationship between price and producer productivity. The existence of within-product specialization is an important consideration for understanding the impact of globalization on firms and workers, the evolution of total factor productivity, and the likelihood of long-run income convergence.