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dc.contributor.authorPrehn, Sörenen_US
dc.contributor.authorBrümmer, Bernharden_US
dc.contributor.authorGlauben, Thomasen_US
dc.description.abstractIn this paper, we are going to reconsider the standard Viner Model [Viner, 1950] however under the premise of firm heterogeneity. By means of a graphical analysis we show that a consideration of the degree of firm heterogeneity is important for an evaluation of a preferential trade agreement. Depending on the degree of firm heterogeneity in the preferential country and the non-preferential country either a price increase and trade creation occurs or a price decrease and trade reduction. The standard Viner Model neither makes any predictions with regard to price changes nor can it explain trade reduction. The graphical analysis conducted here yields additional insights into the impacts of preferential trade agreements on trade.en_US
dc.publisher|aGeorg-August-Univ., Dep. für Agrarökonomie und Rurale Entwicklung |cGöttingenen_US
dc.relation.ispartofseries|aDiskussionspapiere, Department für Agrarökonomie und Rurale Entwicklung |x1210en_US
dc.subject.keywordInternational Tradeen_US
dc.subject.keywordPreferential Trade Agreementsen_US
dc.subject.keywordViner Modelen_US
dc.subject.keywordFirm Heterogeneityen_US
dc.subject.keywordIntensive Marginen_US
dc.subject.keywordExtensive Marginen_US
dc.titleAn extended Viner Model: Trade creation, diversion & reductionen_US
dc.typeWorking Paperen_US

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