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Information led trade: The role of non-marketed complementaries in preferences

机译:信息LED贸易:非销售互补的作用在偏好中

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Recent advances in the theoretical literature on international trade have shown considerable interest in the demand side of the general equilibrium. This paper supplements the literature by highlighting the role of non-marketed complementaries. Individuals derive utility by consuming two marketed commodities and a non-marketed commodity. The non-marketed commodity affects the relative demands of the marketed commodities by acting as complement to one of the marketed commodities. Considering "information" as an exemplar of the non-marketed commodity, this paper derives a number of insightful results that relate the volume and pattern of trade to the stock and flow of information.
机译:国际贸易理论文学的最新进展表明,对一般均衡的需求方面表现出相当大的兴趣。本文通过突出非销售互补的作用来补充文献。个人通过消耗两种销售商品和非销售商品来源的效用。非销售商品通过作为其中一个营销商品的补充来影响营销商品的相对需求。考虑到“信息”作为非销售商品的示例,本文得出了许多富有识别结果,这些结果将贸易量和信息的贸易量和信息流相关。

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