Construct · 1 fields · 1 citations

within-product specialization: a standalone construct

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International trade

pattern in which rich and poor countries export the same products but capital-abundant countries sell varieties with higher unit values.

In international trade, within-product specialization refers to pattern in which rich and poor countries export the same products but capital-abundant countries sell varieties with higher unit values. This meaning comes from Schott (2004) in The Quarterly Journal of Economics.[1]

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Nearby constructs

pattern4 fields · 5 citationsjingle · one word, four constructs specialization4 fields · 5 citationsjingle · one word, four constructs unit2 fields · 2 citationsjingle · one word, two constructs

References

Schott, P. K. (2004). Across-Product Versus Within-Product Specialization in International Trade. The Quarterly Journal of Economics, 119(2), 647-678. https://doi.org/10.1162/0033553041382201

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