The role of product variety and quality and of domestic supply in foreign trade

Athanasoglou, Panayiotis (2011): The role of product variety and quality and of domestic supply in foreign trade. Published in: RePEc No. Working Paper 128 (April 2011)

Abstract

The study examines the behaviour of imports of goods in the Greek economy during the last five decades and their determinants, with an emphasis on consumer’s preferences for “variety and quality” of the imported goods as well as on the demand and supply conditions of these goods in the domestic market. The estimated equations provide strong evidence for the importance of these two factors for import demand, and also explain significantly the stylized facts as well as long- and short-term movements in trade.

• Item Type: MPRA Paper
• Language: English
• Keywords: effective demand for imports, New Trade Theory, product variety and quality.
• Subjects: F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade; F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F41 - Open Economy Macroeconomics; C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C22 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E21 - Consumption ; Saving ; Wealth

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