贸易，经济地理和产品质量选择外文文献翻译

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1、外文文献翻译原文及译文标题：Trade,economicgeographyandthechoiceofproductquality作者：PMPicard期干H：RegionalScienceandUrbanEconomics卷54.页码：18-27年份：2015字数:译文3797字原文Trade,economicgeographyandthechoiceofproductqualityP.M.PicardAbstractThepresentpaperstudiestheeffectofthechoiceofproductqualityontradeand

2、locationoffirms.Wediscussamodelwhereconsumershavepreferencesforthequalityofasetofdifferentiatedvarieties.Finnsdonotonlydevelopandsellmanufacturingvarietiesinamonopolisticcompetitivemarketbutalsodeterminethequalityleveloftheirvarietiesbyinvestinginresearchanddevelopment.Weexploret

3、hepriceandqualityequilibriumpropertieswhenfirmsareimmobile.Wethenconsiderafootloosecapitalmodelwherecapitalisallocatedtothemanufacturingfirmsintheregionofferingthehighestreturn.Weshowthatthelargerregionproducesvarietiesofhigherqualityandthatthequalitygapincreaseswithlargerasymmet

4、riesinregionsizesandwithlargertradecosts.Finally,thehomemarketeffectismitigatedwhenfirmschoosetheirproductquality.Keywords:Monopolisticcompetition,Endogenousquality,EconomicgeographyIntroductionThepresentpaperstudiestheeffectofthechoiceofproductqualityontradeandlocationoffirms.In

5、particular,thispaperdiscussestheroleofthesizeofregionsinfirms*choiceoflocationandproductquality.Itiswell-knownthatfirms1mobilityfostersspatialpolarizationofeconomicactivity(Krugman,1991)・Itishoweverlessclearhowdifferencesinregionsizesaffectthequalityproducedineachregion.Recently,

6、PicardandOkubo(2012)highlightthatfirmsendowedwithhigherqualitieschoosetolocateinthelargerregion.Yet,productqualityisnotanexogenousfactocFirmsinvestinresearchanddevelopmenttoimprovetheirproductqualityandthisinvestmentislikelytoaffecttheirdecisionsaboutplantlocations・Sucharelations

7、hipbetweenqualityandlocationisatopicthathaslackedattention.Inthispaperwebuildaquality・augmentedversionofOttavianoetal/s(2002)modelwhereconsumershavepreferencesforthequalityofmanufacturingvarieties.Eachfirmproducesadistinctvarietyandcompetesundermonopolisticcompetition.Wefirstcons

8、ideratradeframeworkwherefirmsareimmobile