Product Variety, the Cost of Living and Welfare Across Countries
نویسندگان
چکیده
We use the structure of Melitz (2003) model to compare cost living and welfare across countries, while incorporating product variety measured by count barcodes or firms. For 47 we relative United States conventional measures real consumption. Relative is similar higher than that indicated consumption for a select group nations in Europe some large countries like China Russia, but lower most other countries. This qualitative pattern has similarities found Jones Klenow (2016), very different reasons.
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ژورنال
عنوان ژورنال: Social Science Research Network
سال: 2021
ISSN: ['1556-5068']
DOI: https://doi.org/10.2139/ssrn.3834151