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Download the Paper (300 K, PDF file) - December 1, 2007 Tell a colleague about it. Printing Tips: Select 'print as image' in the Acrobat print dialog if you have trouble printing.

ABSTRACT:
Aggregate production functions are a standard feature of the trade theorist's toolbox. While this modeling device has generated some fundamental insights, it presents one obvious shortcoming: it necessarily ignores any effect that the distribution of factor endowments across agents may have on international trade flows. This paper develops a general fraemwork that can shed light on these effects and discusses several applications.

SUGGESTED CITATION:
Arnaud Costinot, "Heterogeneity and Trade" (December 1, 2007). Department of Economics, UCSD. Paper 2008-04.
http://repositories.cdlib.org/ucsdecon/2008-04