Article ID Journal Published Year Pages File Type
963040 Journal of International Economics 2012 19 Pages PDF
Abstract
► This paper accounts for the observed cross‐country dispersion in prices of goods. ► Two sources of price dispersion - trade costs and local distribution costs. ► Uses a multi‐sector Ricardian trade model with distribution costs. ► Accounts for average price dispersion for a basket of goods fully. ► Accounts for 70% of variation in price dispersion across goods within the basket.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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