GLOBALIZATION, TECHNOLOGY DISCREPANCY AND SPECIALIZATION

Autor:	Shang-Fen Wu, Cheng-Te Lee
Rok vydání:	2021
Předmět:	Economics and Econometrics Globalization Monopolistic competition 0502 economics and business 05 social sciences Specialization (functional) Economics Economic geography 050207 economics 050205 econometrics
Zdroj:	The Singapore Economic Review. :1-13
ISSN:	1793-6837 0217-5908
Popis:	This paper sets up a theoretical monopolistic competition model to analyze the impact of globalization on specialization with different endogenous sunk-costs technologies between countries. We prove that the factors affecting the relationship between globalization and specialization include the country-size effect and the technology-advantage effect. We show that, in the case of a country with a smaller endogenous sunk-cost technology advantage, if the country-size effect dominates the technology-advantage effect, then the number of the firms in monopolistic competition or the level of specialization will rise after trade, and vice versa.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::1fe593f36903d1afb427372527876816 https://doi.org/10.1142/s0217590821500223 Zobrazit plný text záznamu