Three Essays on International Trade: Analyses of Vertical Specialization, Free Trade Agreement and International Quality Competition
Author | : Geun Tae Lee |
Publisher | : |
Total Pages | : 258 |
Release | : 2006 |
ISBN-10 | : 0542888866 |
ISBN-13 | : 9780542888861 |
Rating | : 4/5 (861 Downloads) |
Download or read book Three Essays on International Trade: Analyses of Vertical Specialization, Free Trade Agreement and International Quality Competition written by Geun Tae Lee and published by . This book was released on 2006 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present dissertation consists of two topics related to international trade. The first topic combines Free Trade Agreement (FTA) with vertical specialization. By adding vertical production relationship in Krishna's (1998) model using a double marginalization framework, we can check how firms' preferences change for bilateral arrangements according to the partner country's position in global vertical specialization. The conclusion is that countries prefer their partner standing on the opposite side in the spectrum of vertical specialization.