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Quality and Gravity in International Trade

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  • Unger, Florian
  • Flach, Lisandra

Abstract

We show that the effect of fixed costs on international trade is lower in industries with a high degree of vertical product differentiation. We extend an international trade model by endogenous quality investmetns and use both aggregate trade data and firm-level data to estimate gravity equations of exports. Accounting for quality lowers the positive gains from trade and leads to more heterogeneous effects across industries compared to a trade model without quality.

Suggested Citation

  • Unger, Florian & Flach, Lisandra, 2017. "Quality and Gravity in International Trade," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168268, Verein für Socialpolitik / German Economic Association.
    • Handle: RePEc:zbw:vfsc17:168268
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    Cited by:

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    3. Bergstrand, Jeffrey H. & Cray, Stephen R. & Gervais, Antoine, 2023. "Increasing marginal costs, firm heterogeneity, and the gains from “deep” international trade agreements," Journal of International Economics, Elsevier, vol. 144(C).
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    6. Flach, Lisandra, 2017. "A note on the isomorphism of heterogeneous firms models," Economics Letters, Elsevier, vol. 155(C), pages 24-27.
    7. Andreas Baur & Lisandra Flach & Isabella Gourevich & Florian Unger, 2023. "North-South Trade: The Impact of Robotization," CESifo Working Paper Series 10865, CESifo.
    8. He, Dongwei & Wang, Yunfei & You, Kai, 2023. "Market entry and the dynamics of export product quality: Evidence from Chinese manufacturing firms," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 692-706.
    9. Egger, Peter H. & Li, Jie & Wu, Han, 2023. "Firms’ entry choices across export products and markets, and the consequences of trade in an open economy: Evidence from China," Journal of Economic Behavior & Organization, Elsevier, vol. 209(C), pages 243-262.
    10. Jeffrey H. Bergstrand & Stephen R. Cray & Antoine Gervais, 2023. "Increasing Marginal Costs, Firm Heterogeneity,and the Gains from "Deep" International Trade Agreements," Cahiers de recherche 23-01, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    11. Xianpu Xu & Yuchen Song, 2023. "Is There a Conflict between Automation and Environment? Implications of Artificial Intelligence for Carbon Emissions in China," Sustainability, MDPI, vol. 15(16), pages 1-22, August.
    12. Petr Polak & Nikol Polakova & Anna Tlusta, 2020. "How Bad Are Trade Wars? Evidence from Tariffs," Working Papers 2020/15, Czech National Bank.
    13. X.N. Iraki, 2018. "Is Kenya Facing East or West: An Empirical Analysis," International Business Research, Canadian Center of Science and Education, vol. 11(12), pages 134-144, December.
    14. Wang, Bo & Yang, Haoting & Tian, Wenjuan & Bi, Chunyu, 2023. "Determinants of trade of mineral resources between China and ASEAN," Resources Policy, Elsevier, vol. 85(PB).
    15. Bo Gao & Bin Qiu, 2023. "Income distribution and unequal gains from trade," The World Economy, Wiley Blackwell, vol. 46(1), pages 236-255, January.

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    More about this item

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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