PERFECT SUBSTITUTES: A NOTE ON THE ALCHIAN-ALLEN HYPOTHESIS
Vedrashko, Alexander; Smith, Vincent H.
1998

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Abstract

Alchian and Allen hypothesized that a country will export high rather than low quality goods. Here we show that if the inherent attributes of the commodities are identical the country will only export the high-quality good.

Details

Title PERFECT SUBSTITUTES: A NOTE ON THE ALCHIAN-ALLEN HYPOTHESIS
Keywords
Author(s) Vedrashko, Alexander
Smith, Vincent H.
Subject(s)
Issue Date 1998
Publication Type Working or Discussion Paper
DOI and Other Identifiers 10.22004/ag.econ.29245
Record Identifier https://ageconsearch.umn.edu/record/29245
PURL Identifier http://purl.umn.edu/29245
Language English
Total Pages 11
JEL Codes F1
Series Statement Research Discussion Paper 22
Record Appears in Montana State University > Department of Agricultural Economics and Economics > Trade Research Center > Research Discussion Papers

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