Trade, access to varieties, and patterns of consumption
Amandine Aubry ()
Post-Print from HAL
This paper provides empirical evidence that product diversity drove a part of the evolution of consumers' spending in the US over the 1993-2018 period. The change in the set of varieties available led consumers to increase by 1.19% the share of their budget allocated to a sector subject to the average variety expansion over that period. I exploit the exogenous change in the range of products available due to the growth of international trade to identify the causal relation. Using this identification strategy, I show that through changes in product diversity, international trade has a sizable effect on the evolution of patterns of consumption in a country, especially relative to the price effect.
Keywords: extensive margin; gains from variety; pattern of consumption; trade liberalization (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Published in Review of International Economics, 2022, 30 (2), pp.369-400. ⟨10.1111/roie.12567⟩
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Journal Article: Trade, access to varieties, and patterns of consumption (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03331798
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().