Document Type
Article
Publication Date
2006
DOI
10.11130/jei.2006.21.3.577
Publication Title
Journal of Economic Integration
Volume
21
Issue
3
Pages
577-592
Abstract
The impact of international trade on a firm’s degree of specialization and income distribution is studied in a general equilibrium framework in which firms engage in oligopolistic competition. International trade increases a firm’s degree of specialization, but the number of goods a country produces may not change. Trade may lower the welfare of the scarce factor of production. Sufficient conditions for a country’s welfare to increase with trade are provided.
Rights
Copyright © 2006 Journal of Economic Integration.
Included in accordance with publisher policy.
Original Publication Citation
Zhou, H. (2006). Intra-firm specialization, income distribution, and international trade. Journal of Economic Integration, 21(3), 577-592. https://doi.org/10.11130/jei.2006.21.3.577
Repository Citation
Zhou, Haiwen, "Intra-Firm Specialization, Income Distribution, and International Trade" (2006). Economics Faculty Publications. 54.
https://digitalcommons.odu.edu/economics_facpubs/54