Gains from Trade in Differentiated Products: Japanese Compact Trucks
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We present a methodology for estimating the welfare gains from a product with new characteristics, and apply it to Japanese and American compact trucks. Our approach can be used on any products for which a hedonic regression can be estimated. For 1979-80 we find average welfare gains of $500-600 per
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美国国家经济研究局创建时间:
1986-07-01



