Replication data for: Distance, Time, and Specialization: Lean Retailing in General Equilibrium
Principal Investigator(s): View help for Principal Investigator(s) Carolyn L. Evans; James Harrigan
Version: View help for Version V1
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application/octet-stream | 9.9 MB | 12/06/2019 10:28:AM |
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application/pdf | 87.5 KB | 12/06/2019 10:28:AM |
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Project Citation:
Evans, Carolyn L., and Harrigan, James. Replication data for: Distance, Time, and Specialization: Lean Retailing in General Equilibrium. Nashville, TN: American Economic Association [publisher], 2005. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-06. https://doi.org/10.3886/E116042V1
Project Description
Summary:
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Transport time increases with distance traveled, and time is valuable. We show the implications of these facts for global specialization and trade: products where timely delivery is important will be produced near the source of final demand, where wages will be higher as a result. In the model, timely delivery is important because it allows retailers to respond to final demand fluctuations without holding costly inventories, and timely delivery is possible only from nearby locations. Using a unique dataset that allows us to measure the retail demand for timely delivery, we show that the sources of U.S. apparel imports have shifted in the way predicted by the model, with products for which timeliness matters increasingly imported from nearby countries.
Scope of Project
JEL Classification:
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F12 Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
F14 Empirical Studies of Trade
L81 Retail and Wholesale Trade; e-Commerce
F12 Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
F14 Empirical Studies of Trade
L81 Retail and Wholesale Trade; e-Commerce
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