Open AccessThe “Collapse in Quality” Hypothesis
Author(s) -
Andrei A. Levchenko,
Logan T. Lewis,
Linda L. Tesar
Publication year - 2011
Publication title -
american economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 16.936
H-Index - 297
eISSN - 1944-7981
pISSN - 0002-8282
DOI - 10.1257/aer.101.3.293
Subject(s) - economics , quality (philosophy) , product (mathematics) , international trade , international economics , econometrics , mathematics , philosophy , geometry , epistemology
This paper evaluates the hypothesis that during the 2008-2009 collapse in international trade, imports of higher quality goods experienced larger reductions compared to low-quality imports, using data on US imports disaggregated by HS-10 product category and source country. We find little, if any, robust econometric evidence in support of this hypothesis.
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