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GTAP Resource #656

"Patriotism and Preference Barriers: A Return to Mercantilism?"
by Hubbard, Lionel and George Philippidis

Endogenous asymmetric consumer preferences, based on region of origin, are incorporated in a modified version of the GTAP AGE model to capture welfare effects emanating from varietal diversity. Patriotic preferences for food are used to illustrate gains in varietal utility at the expense of reduced foreign trade shares. Simulation results are shown to be relatively insensitive to the strength of patriotic preference and the level of preference heterogeneity, both of which govern the varietal effects.

Resource Details (Export Citation) GTAP Keywords
Category: 2001 Conference Paper
Status: Published
By/In: Presented at the 4th Annual Conference on Global Economic Analysis, Purdue University, USA
Date: 2001
Created: (5/30/2001)
Updated: Hubbard, L. (5/30/2001)
Visits: 2,872
No keywords have been specified.

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