notice, is given to the source. International Protection of Intellectual Property (2002)
Gene M. Grossman, Gene M. Grossman, Jel No. O, Gene Grossman, ...
discussions and comments. They are grateful to the U.S. National Science Foundation, the Hong Kong
c ○ 2005 The Review of Economic Studies Limited Outsourcing in a Global Economy (2002)
We study the determinants of the location of subcontracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner and...
Edited By Massachusetts, Hiroaki Kitano, C. Feenstra, Gene M. Grossman, A. Irwin
this paper, Glycerol (C00116), Fatty acid (C00162), and ATP (C00002) are externally supplied at a constant rate (table 3). That is, these values are not subject to evolutionary change during the run
La promotion des nouvelles activités industrielles: analyses et observations récentes (1990)
En Europe comme en Amérique du Nord, l'opinion publique est de plus en plus favorable à une politique industrielle visant à encourager l'entrée d'entreprises nationales dans de nouveaux secteurs...
The Politics of Free-Trade Agreements.
Grossman, Gene M, Helpman, Elhanan
Suppose that an opportunity arises for two countries to negotiate a free-trade agreement. Will a free-trade agreement between these countries be politically viable and, if so, what form will it take?...
Optimal Integration Strategies for the Multinational Firm
Gene M. Grossman, Elhanan Helpman, Adam Szeidl
We examine integration strategies of multinational firms that face a rich array of choices of international organization. Each firm in an industry must provide headquarter services from its home...
A Protectionist Bias in Majoritarian Politics
Gene M. Grossman, Elhanan Helpman
We develop a novel model of campaigns, elections, and policymaking in which the ex ante objectives of national party leaders differ from the ex post objectives of elected legislators. This generates...
We analyze a two-country model of trade in both legitimate and counterfeit products. Domestic firms own trademarks and establish reputations for delivering high-quality products in a steady- state...
Grossman, Gene M, Helpman, Elhanan
When governments meet in the international arena, their actions reflect the political situations at home. Previous studies of trade relations have focused on governments that are immune from...
Outsourcing in a Global Economy
Gene M. Grossman, Elhanan Helpman
We study the determinants of the location of subcontracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner and...
International Protection of Intellectual Property
We study the incentives that governments have to protect intellectual property in a trading world economy. We consider a world economy with ongoing innovation in two countries that differ in market...
Parallel Imports and Price Controls
Price controls create opportunities for international arbitrage. Many have argued that such arbitrage, if tolerated, will undermine intellectual property rights and dull the incentives for investment...
Outsourcing Versus FDI in Industry Equilibrium
Gene M. Grossman, Elhanan Helpman
We study the determinants of the extent of outsourcing and of direct foreign investment in an industry in which producers need specialized components. Potential suppliers must make a...
Outsourcing versus FDI in Industry Equilibrium?
Gene M. Grossman, Elhanan Helpman
We study the determinants of the extent of outsourcing and of direct foreign investment in an industry in which producers need specialized components. Potential suppliers must make a...
Outsourcing in a Global Economy?
Gene M. Grossman, Elhanan Helpman
We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner...
Managerial Incentives and the International Organization of Production
Gene M. Grossman, Elhanan Helpman
We develop a model in which the heterogeneous firms in an industry choose their modes of organization and the location of their subsidiaries or suppliers. We assume that the principals of a firm are...
Optimal Integration Strategies for the Multinational Firm
Gene M. Grossman, Elhanan Helpman, Adam Szeidl
We examine integration strategies of multinational firms that face a rich array of choices of international organization. Each firm in an industry must provide headquarter services from its home...
Party Discipline and Pork-Barrel Politics
Gene M. Grossman, Elhanan Helpman
Polities differ in the extent to which political parties can pre-commit to carry out promised policy actions if they take power. Commitment problems may arise due to a divergence between the ex ante...
Separation of Powers and the Budget Process
Gene M. Grossman, Elhanan Helpman
We study budget formation in a model featuring separation of powers. In our model, the legislature designs a budget bill that can include a cap on total spending and ear- marked allocations to...
Electoral Competition with Policy Compromise
Grossman, Gene M., Helpman, Elhanan
We study the electoral competition between two parties vying for seats in a legislature. The electorate includes knowledgeable voters and impressionable voters, the latter susceptible to...
Trade and Protection with Multistage Production
Avinash K. Dixit, Gene M. Grossman
This paper analyzes trade in manufactured goods that are produced via a vertical production structure with many stages, where some value is added at each to an intermediate product to yield a...
Tariffs as Insurance: Optimal Commercial Policy When Domestic Markets Are Incomplete
Jonathan Eaton, Gene M. Grossman
Free trade is not optimal for a small country that faces uncertain terms of trade if some factors are immobile - ex post, and markets for contingent claims are incomplete. The government can improve...
Imports as a Cause of Injury: The Case of the U.S. Steel Industry
Recently, the United States International Trade Commission conducted a Section 201 or "escape clause" hearing to determine whether imports have been the most significant cause of injury to the U.S....
Infant-Industry Protection Reconsidered: The Case of Informational Barriers to Entry
In industries with imperfect consumer information, the lack of a reputation puts latecomers at a competitive disadvantage vis-a-vis established firms. We consider whether the existence of such...
Import Competition and the Stock Market Return to Capital
Gene M. Grossman, James A. Levinsohn
We measure the responsiveness of returns to capital invested in six U.S. industries to shocks to the prices of competing import goods. Recognizing that most capital services are not traded on spot...
GROSSMAN, GENE M., SYKES, ALAN O.
The Appellate Body decision in the steel dispute is the latest in a line of unsatisfactory decisions in the safeguards area. The problem stems from the fact that the treaty text regarding the...
Gene M. Grossman, Carl Shapiro
We analyze a two-country model of trade in both legitimate and counterfeit products. Domestic firms own trademarks and establish reputations for delivering high-quality products in a steady-state...
Foreign Counterfeiting of Status Goods
Gene M. Grossman, Carl Shapiro
We study the positive and normative effects of counterfeiting, i.e.,trademark infringement, in markets where consumers are not deceived by forgeries.The fact that consumers are willing to pay more...
Gene M. Grossman, Elhanan Helpman
We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer. Competitive entrepreneurs in the North expend resources to bring out new products...
Growth and Welfare in A Small Open Economy
Gene M. Grossman, Elhanan Helpman
We construct a model of growth based on endogenous technological change in a small, open economy. Entrepreneurs develop new intermediate products whenever the present value of potential profits...
In this paper, I develop a model of dynamic comparative advantage based on endogenous innovation. Firms in each of two countries devote resources to R&D in order to improve the quality of...
Quality Ladders and Product Cycles
Gene M. Grossman, Elhanan Helpman
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these two processes. Firms in the North race to bring out the next generation of a set...
Asset Bubbles and Endogenous Growth
Noriyuki Yanagawa, Gene M. Grossman
We study the interaction between productive and nonproductive savings in an economy that grows in the long run due to endogenous improvements in labor productivity. As in the neoclassical growth...
International Capital Movements Under Uncertainty
In this paper, we analyze the determinants of international movements of physical capital in a model with uncertainty and international trade in goods and securities.In our model, the world...
The Employment and Wage Effects of Import Competition in the United States
A new methodology is developed to determine the extent to which import competition has been responsible for labor displacements and wage movements inspecific, allegedly trade-impacted sectors. The...
Comparative Advantage and Long-Run Growth
Gene M. Grossman, Elhanan Helpman
We construct a dynamic, two-country model of trade and growth in which endogenous technological progress results from the profit-maximizing behavior of entrepreneurs. We study the role that the...
Intellectual Property Rights and North-South Trade
Judith C. Chin, Gene M. Grossman
We study the incentive that a government in the South has to protect the intellectual property rights of Northern firms, and the consequences of the decision taken by the South for welfare in the...
Quality Ladders in the Theory of Growth
Gene M. Grossman, Elhanan Helpman
We develop a model of repeated product improvements in a continuum of sectors. Each product follows a stochastic progression up a quality ladder. Progress is not uniform across sectors, so an...
Gene M. Grossman, Carl Shapiro
We study a simple, two-stage, stochastic patent race involving two firms. We examine the behavior of the participants as they gain the lead or fall behind in the race. We find that the leader engages...
Intergenerational Redistribution with Short-Lived Governments
Gene M. Grossman, Elhanan Helpman
We study the politics of intergenerational redistribution in an overlapping generations model with short-lived governments. The successive governmentsþwho care about the welfare of the currently...
Gene M. Grossman, Giovanni Maggi
We develop a competitive model of trade between countries with similar aggregate factor endowments. The trade pattern reflects differences in the distribution of talent across the labor forces of the...
Gene M. Grossman, Elhanan Helpman
Endorsements are a simple language for communication between interest group leaders and group members. The members, who share policy concerns, may not perfectly understand where their interests lie...
Comparative Advantage and Long-run Growth.
Grossman, Gene M, Helpman, Elhanan
The authors construct a dynamic, two country model of trade and growth in which endogenous technological progress results from the profit-maximizing behavior of entrepreneurs. They study the role...
Import Competition and the Stock Market Return to Capital.
Grossman, Gene M, Levinsohn, James A
The authors measure the responsiveness of returns to capital invested in six U.S. industries to shocks to the prices of competing import goods. Unanticipated, positive shocks to import prices cause...
Grossman, Gene M, Shapiro, Carl
The authors analyze trade in both legitimate and counterfeit products. Domestic firms ow n trademarks and establish reputations for delivering high-quality pr oducts in a steady-state equilibrium....
Intergenerational Redistribution with Short-Lived Governments.
Grossman, Gene M, Helpman, Elhanan
The authors study the politics of intergenerational redistribution in an overlapping generations model with short-lived governments. The successive governments--who care about the welfare of the...
Grossman, Gene M, Shapiro, Carl
The authors study a simple, two-stage, stochastic patent race involving two firms. They examine the behavior of the participants as they gain the lead or fall behind in the race. The authors find...
GROSSMAN, GENE M., MAVROIDIS, PETROS C.
This dispute between the European Communities and the United States originated when the United States amended its copyright law in a way that nullified and impaired certain benefits promised to the...
A preference for development: the law and economics of GSP
GROSSMAN, GENE M., SYKES, ALAN O.
The Generalized System of Preferences (GSP), authorized by the 1979 Enabling Clause under GATT, allows importing nations to extend preferential tariff treatment to the products of developing...
GROSSMAN, GENE M., SYKES, ALAN O.
This paper addresses the dispute brought to the World Trade Organization (WTO) by India concerning antidumping duties imposed by the European Communities (EC) on cotton-type bed linen. An earlier...
The rise of offshoring: it's not wine for cloth anymore
Gene M. Grossman, Esteban Rossi-Hansberg
Productivity ; Wages
International Protection of Intellectual Property
Grossman, Gene M., Lai, Edwin L.-C.
We study the incentives that governments have to protect intellectual property in a trading world economy. We consider a world economy with ongoing innovation in two countries that differ in market...
Optimal Integration Strategies for the Multinational Firm
Gene M. Grossman, Elhanan Helpman, Adam Szeidl
We examine integration strategies of multinational firms that face a rich array of choices of international organization. Each firm in an industry must provide headquarter services from its home...
Managerial Incentives and the International Organization of Production
Gene M. Grossman, Elhanan Helpman
We develop a model in which the heterogeneous firms in an industry choose their modes of organization and the location of their subsidiaries or suppliers. We assume that the principals of a firm are...
Outsourcing versus FDI in Industry Equilibrium
Gene M. Grossman, Elhanan Helpman
We study the determinants of the extent of outsourcing and of direct foreign investment in an industry in which producers need specialized components. Potential suppliers must make a...
Outsourcing in a Global Economy
Gene M. Grossman, Elhanan Helpman
We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner...
Imperfect Labor Contracts and International Trade
In an economy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative advantage. I study a world economy with two sectors, one where...
Optimal Integration Strategies for the Multinational Firm
Gene M. Grossman, Elhanan Helpman, Adam Szeidl
We examine integration strategies of multinational firms that face a rich array of choices of international organization. Each firm in an industry must provide headquarter services from its home...
Managerial Incentives and the International Organization of Production
Gene M. Grossman, Elhanan Helpman
We develop a model in which the heterogeneous firms in an industry choose their modes of organization and the location of their subsidiaries or suppliers. We assume that the principals of a firm are...
Outsourcing versus FDI in Industry Equilibrium
Gene M. Grossman, Elhanan Helpman
We study the determinants of the extent of outsourcing and of direct foreign investment in an industry in which producers need specialized components. Potential suppliers must make a...
Outsourcing in a Global Economy
Gene M. Grossman, Elhanan Helpman
We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner...
Imperfect Labor Contracts and International Trade
In an economy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative advantage. I study a world economy with two sectors, one where...
Electoral Competition and Special Interest Politics.
Grossman, Gene M, Helpman, Elhanan
We study the competition between two political parties for seats in a legislature. The parties have fixed positions on some issues, but vary their positions on others in order to attract votes and...
Quality Ladders in the Theory of Growth.
Grossman, Gene M, Helpman, Elhanan
The authors develop a model of repeated product improvements in a continuum of sectors. Each product follows a stochastic progression up a quality ladder. Progress is not uniform across sectors, so...
Grossman, Gene M, Helpman, Elhanan
The authors develop a model in which special-interest groups make political contributions in order to influence an incumbent government's choice of trade policy. The interest groups bid for...
Endogenous Innovation in the Theory of Growth.
Grossman, Gene M, Helpman, Elhanan
This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long-run growth process. First, the authors review the implications of neoclassical...
Grossman, Gene M, Helpman, Elhanan
The authors construct a model of the product cycle featuring endogenous innovation and technology transfer. Competitive entrepreneurs in the industrialized North introduce new products whenever the...
Gene M. Grossman, Carl Shapiro
We study the optimal pattern of outlays for a single firm pursuing an R&D program over time. In the deterministic case (a) the amount of progress required to complete the project is known and (b) the...
International Protection of Intellectual Property
We study the incentives that governments have to protect intellectual property in a trading world economy. We consider a world economy with ongoing innovation in two countries that differ in market...
Integration Versus Outsourcing In Industry Equilibrium
Gene M. Grossman, Elhanan Helpman
We develop an equilibrium model of industrial structure in which the organization of firms is endogenous. Differentiated consumer products can be produced either by vertically integrated firms or by...
A Protectionist Bias in Majoritarian Politics
Gene M. Grossman, Elhanan Helpman
We develop a novel model of campaigns, elections, and policy-making in which the ex ante objectives of national party leaders differ from the ex post objectives of elected legislators. This generates...
Economic Growth and the Environment.
Grossman, Gene M, Krueger, Alan B
The authors examine the reduced-form relationship between per capita income and various environmental indicators. Their study covers four types of indicators: urban air pollution, the state of the...
Quality Ladders and Product Cycles.
Grossman, Gene M, Helpman, Elhanan
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these two processes. Firms in the North race to bring out the next generation of a set...
Infant-Industry Protection Reconsidered: The Case of Informational Barriers to Entry.
Grossman, Gene M, Horn, Henrik
In industries with imperfect consumer information, the lack of a reputation puts latecomers at a competitive disadvantage vis-a-vis established firms. The authors consider whether the existence of...
Foreign Counterfeiting of Status Goods.
Grossman, Gene M, Shapiro, Carl
The authors study the positive and normative effects of counterfeiting, i.e., trademark infringement, in markets where cons umers are not deceived by forgeries. Consumers are willing to pay mor e for...
The Provision of Information as Marketing Strategy.
Eaton, Jonathan, Grossman, Gene M
The authors study the disclosure of information about product characteristics as part of firms' competitive strategy. A model of a differentiated products duopoly is constructed in which firms may...
A Protectionist Bias in Majoritarian Politics
Grossman, Gene M., Helpman, Elhanan
We develop a novel model of campaigns, elections, and policymaking in which the ex ante objectives of national party leaders differ from the ex post objectives of elected legislators. This generates...
Separation of powers and the budget process
Grossman, Gene M., Helpman, Elhanan
We study budget formation in a model featuring separation of powers. In our model, the legislature designs a budget bill that can include a cap on total spending and earmarked allocations to...
Parallel imports and price controls
Price controls create opportunities for international arbitrage. Many have argued that such arbitrage, if tolerated, will undermine intellectual property rights and dull the incentives for investment...
International Trade, Foreign Investment, and the Formation of the Entrepreneurial Class
In this paper, I examine the argument that free trade may be harmful to less developed countries, because such international competition inhibits the formation of a local entrepreneurial class.I view...
International Competition and the Unionized Sector
This paper studies the wage and employment behavior of a unionized sector that is confronted by an intensification of international competition. After developing a formal model of a monopoly union...
Optimal Trade and Industrial Policy Under Oligopoly
Jonathan Eaton, Gene M. Grossman
In this paper we provide an integrative treatment of the welfare effects of trade and industrial policy under oligopoly, and characterize qualitatively the form that optimal intervention takes under...
Targeted Export Promotion with Several Oligopolistic Industries
Avinash K. Dixit, Gene M. Grossman
In this paper we ask whether a policy of targeted export promotion can raise domestic welfare when several oligopolistic industries all draw on the same scarce factor of production. Our point of...
Gene M. Grossman, Carl Shapiro
We study the optimal pattern of outlays for a single firm pursuing an R&D program over time. In the deterministic case, (a) the amount of progress required to complete the project is known, and (b)...
Product Development and International Trade
Gene M. Grossman, Elhanan Helpman
We develop a multi-country, dynamic general equilibrium model of product innovation and international trade to study the creation of comparative advantage through research and development and the...
Hysteresis in the Trade Pattern
Gene M. Grossman, Elhanan Helpman
We study a world economy comprising two countries that may differ only in their prior experience in the research lab. Entrepreneurs in each country develop new technologies for varieties of a...
Trade, Knowledge Spillovers, and Growth
Gene M. Grossman, Elhanan Helpman
In this paper, we examine one channel through which the trade regime might affect growth in the long run. We model endogenous technological progress that results from profit maximizing investments by...
Environmental Impacts of a North American Free Trade Agreement
Gene M. Grossman, Alan B. Krueger
A reduction in trade barriers generally will affect the environment by expanding the scale of economic activity, by altering the composition of economic activity, and by bringing about a change in...
Gene M. Grossman, Elhanan Helpman
We develop a model in which special interest groups make political contributions in order to influence an incumbent government's choice of trade policy. In the political equilibrium. the interest...
Gene M. Grossman, Elhanan Helpman
Whether governments clash in trade disputes or negotiate over trade agreements, their actions in the international arena reflect political conditions back home. Previous studies of cooperative and...
Endogenous Innovation in the Theory of Growth
Gene M. Grossman, Elhanan Helpman
This paper makes the case that purposive, profit-seeking investments in knowledge play a critical role in the long-run growth process. First, we review the implications of neoclassical growth theory...
The Politics of Free Trade Agreements
Gene M. Grossman, Elhanan Helpman
Suppose that an opportunity arises for two countries to negotiate a free trade agreement (FTA). Will an FTA between these countries be politically viable? And if so, what form will it take? We...
Economic Growth and the Environment
Gene M. Grossman, Alan B. Krueger
Using data assembled by the Global Environmental Monitoring System we examine the reduced-form relationship between various environmental indicators and the level of a country's per capita income....
Gene M. Grossman, Elhanan Helpman
We survey research on the relationship between technology and trade. We begin with the old literature, which treated the state of technology as exogenous and asked how changes in technology affect...
Free Trade vs. Strategic Trade: A Peek into Pandora's Box
Gene M. Grossman, Giovanni Maggi
We investigate whether a welfare-maximizing government ought to pursue a program of" strategic trade intervention or instead commit itself to free trade when domestic firms will have an opportunity...
Gene M. Grossman, Giovanni Maggi
We develop a competitive model of trade between countries with similar aggregate factor endowments. The trade pattern reflects differences in the distribution of talent across the labor forces of the...
Imperfect Labor Contracts and International Trade
In an economy with imperfect labor contracts, differences in the distribution of human capital are an independent source of comparative advantage. I study a world economy with two sectors, one where...
Incomplete Contracts and Industrial Organization
Gene M. Grossman, Elhanan Helpman
We develop an equilibrium model of industrial structure in which the organization of firms is endogenous. Differentiated consumer products can be produced either by vertically integrated firms or by...
Outsourcing in a Global Economy
Gene M. Grossman, Elhanan Helpman
We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner...
Outsourcing versus FDI in Industry Equilibrium
Gene M. Grossman, Elhanan Helpman
We study the determinants of the extent of outsourcing and of direct foreign investment in an industry in which producers need specialized components. Potential suppliers must make a...
Managerial Incentives and the International Organization of Production
Elhanan Helpman, Gene M. Grossman
We develop a model in which the heterogeneous firms in an industry choose their modes of organization and the location of their subsidiaries or suppliers. We assume that the principals of a firm are...
Party Discipline and Pork Barrel Politics
Gene M. Grossman, Elhanan Helpman
Polities differ in the extent to which political parties can pre-commit to carry out promised policy actions if they take power. Commitment problems may arise due to a divergence between the ex ante...
Separation of Powers and the Budget Process
Gene M. Grossman, Elhanan Helpman
We study budget formation in a model featuring separation of powers. In our model, the legislature designs a budget bill that can include a cap on total spending and earmarked allocations to...
Trading Tasks: A Simple Theory of Offshoring
Gene M. Grossman, Esteban Rossi-Hansberg
For centuries, most international trade involved an exchange of complete goods. But, with recent improvements in transportation and communications technology, it increasingly entails different...
The Distribution of Talent and the Pattern and Consequences of International Trade
I study the interaction between imperfect labor contracts and international trade in a setting in which workers have private information about their own abilities. When an individual's contribution...
Common Agency and Coordination: General Theory and Application to Government Policy Making.
Dixit, Avinash, Grossman, Gene M, Helpman, Elhanan
The authors develop a model of common agency with complete information and general preferences with nontransferable utility, and they prove that the principals' Nash equilibrium in truthful...
Product Development and International Trade.
Grossman, Gene M, Helpman, Elhanan
The authors develop a multicountry, dynamic general equilibrium model of product innovation and international trade to study the creation of comparative advantage through R$50D and the evolution of...
External Economies and International Trade Redux
Gene M. Grossman, Esteban Rossi-Hansberg
We study a world with national external economies of scale at the industry level. In contrast to the standard treatment with perfect competition and two industries, we assume Bertrand competition in...
Imperfect Competition and International Trade
The last decade has seen an important extension of the theory of international trade to include imperfectly competitive market structures. This book collects 19 of the most influential articles on...
Innovation and Growth in the Global Economy
Gene M. Grossman, Elhanan Helpman
Traditional growth theory emphasizes the incentives for capital accumulation rather than technological progress. Innovation is treated as an exogenous process or a by-product of investment in...
Gene M. Grossman, Elhanan Helpman
This landmark theoretical book is about the mechanisms by which special interest groups affect policy in modern democracies. Defining a special interest group as any organization that takes action on...
GROSSMAN, GENE M., WAUTERS, JASPER
We review the WTO Appellate Body report on United States as-such to ensure that duty orders are not extended when their removal would generate no harm to an import competing industry by failing to...
Task Trade between Similar Countries
Gene M. Grossman, Esteban Rossi-Hansberg
We propose a theory of task trade between countries that have similar relative factor endowments but may differ in size. Firms produce differentiated goods by performing a continuum of tasks, each of...
GROSSMAN, GENE M., MAVROIDIS, PETROS C.
This dispute between the European Communities and the United States originated when the United States amended its copyright law in a way that nullified and impaired certain benefits promised to the...
Trading Tasks: A Simple Theory of Offshoring
Gene M. Grossman, Esteban Rossi-Hansberg
We propose a theory of the global production process that focuses on tradeable tasks, and use it to study how falling costs of offshoring affect factor prices in the source country. We identify a...
The Political Economy of Trade Policy: Papers in Honor of Jagdish Bhagwati
Robert C. Feenstra, Gene M. Grossman, Douglas A. Irwin
This collection of papers by former students and colleagues celebrates the profound impact that Jagdish Bhagwati has had on the field of international economics over the past three decades. Bhagwati,...
Income Distribution, Product Quality, and International Trade
Pablo D. Fajgelbaum, Gene M. Grossman, Elhanan Helpman
We develop a framework for studying trade in horizontally and vertically differentiated products. In our model, consumers have heterogeneous incomes and heterogeneous tastes. They purchase a...