New evidence on income and the geographical distribution of imports: The case of audiovisuals
| Autor: | Maria Masood |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Economics and Econometrics
business.industry 05 social sciences Purchasing power Distribution (economics) Per capita income Margin (machine learning) Cultural diversity 0502 economics and business Cultural homogenization Economics Aggregate income Economic geography 050207 economics business 050205 econometrics Diversity (business) |
| Zdroj: | Journal of Comparative Economics. 47:717-734 |
| ISSN: | 0147-5967 |
| DOI: | 10.1016/j.jce.2019.03.001 |
| Popis: | This paper studies how the geographical distribution of imports, in the audiovisual sector, varies with aggregate income across countries to confront existing fears of cultural homogenization with increasing purchasing power. Relying on new predictions derived from an heterogenous firms model (Helpman, Melitz & Rubinstein, 2008), two dimensions of diversity are investigated: the number of geographical origins (extensive margin) and the distribution of audiovisual imports across exporters (intensive margin). The empirical results reveal that per capita income fosters diversity up to point: income first has a positive impact on the extensive margin, yet beyond a certain threshold, the number of import sources declines. Regarding the intensive margin, per capita income reinforces the concentration of import flows across origins benefiting the most efficient partners. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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