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    Rights statement: This is the peer reviewed version of the following article: SSoo KT. Country size and trade in intermediate and final goods. World Econ. 2018;41:634–652. https://doi.org/10.1111/twec.12538 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/twec.12538/abstract This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.

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Country size and trade in intermediate and final goods

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Country size and trade in intermediate and final goods. / Soo, Kwok Tong.
In: The World Economy, Vol. 41, No. 2, 02.2018, p. 634-652.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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Soo KT. Country size and trade in intermediate and final goods. The World Economy. 2018 Feb;41(2):634-652. Epub 2017 Aug 18. doi: 10.1111/twec.12538

Author

Soo, Kwok Tong. / Country size and trade in intermediate and final goods. In: The World Economy. 2018 ; Vol. 41, No. 2. pp. 634-652.

Bibtex

@article{201f13bfcaf849d28d22b377c64b80ea,
title = "Country size and trade in intermediate and final goods",
abstract = "This paper documents a negative relationship between country size and the share of final consumption goods in total exports. A model is developed, based on the division of labour and comparative advantage, to explain this relationship. Labour is used to produce traded intermediate inputs which are used in the production of traded final goods. Large countries gain relatively more from comparative advantage than from the division of labour, while the opposite is true for small countries. As in the data, large countries export a smaller share of final goods and a larger share of intermediate goods than small countries. It is shown that the model developed in the paper yields the same results as a model based on monopolistic competition. ",
keywords = "Country size, Division of labour, Comparative advantage, Gains from trade, intermediate goods trade",
author = "Soo, {Kwok Tong}",
note = "This is the peer reviewed version of the following article: SSoo KT. Country size and trade in intermediate and final goods. World Econ. 2018;41:634–652. https://doi.org/10.1111/twec.12538 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/twec.12538/abstract This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving. ",
year = "2018",
month = feb,
doi = "10.1111/twec.12538",
language = "English",
volume = "41",
pages = "634--652",
journal = "The World Economy",
issn = "0378-5920",
publisher = "Wiley-Blackwell",
number = "2",

}

RIS

TY - JOUR

T1 - Country size and trade in intermediate and final goods

AU - Soo, Kwok Tong

N1 - This is the peer reviewed version of the following article: SSoo KT. Country size and trade in intermediate and final goods. World Econ. 2018;41:634–652. https://doi.org/10.1111/twec.12538 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/twec.12538/abstract This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.

PY - 2018/2

Y1 - 2018/2

N2 - This paper documents a negative relationship between country size and the share of final consumption goods in total exports. A model is developed, based on the division of labour and comparative advantage, to explain this relationship. Labour is used to produce traded intermediate inputs which are used in the production of traded final goods. Large countries gain relatively more from comparative advantage than from the division of labour, while the opposite is true for small countries. As in the data, large countries export a smaller share of final goods and a larger share of intermediate goods than small countries. It is shown that the model developed in the paper yields the same results as a model based on monopolistic competition.

AB - This paper documents a negative relationship between country size and the share of final consumption goods in total exports. A model is developed, based on the division of labour and comparative advantage, to explain this relationship. Labour is used to produce traded intermediate inputs which are used in the production of traded final goods. Large countries gain relatively more from comparative advantage than from the division of labour, while the opposite is true for small countries. As in the data, large countries export a smaller share of final goods and a larger share of intermediate goods than small countries. It is shown that the model developed in the paper yields the same results as a model based on monopolistic competition.

KW - Country size

KW - Division of labour

KW - Comparative advantage

KW - Gains from trade

KW - intermediate goods trade

U2 - 10.1111/twec.12538

DO - 10.1111/twec.12538

M3 - Journal article

VL - 41

SP - 634

EP - 652

JO - The World Economy

JF - The World Economy

SN - 0378-5920

IS - 2

ER -