Abstract

ABSTRACTIn this paper, we describe the relationship between the quality of goods and inputs of the Colombian manufacturing firms and the income level of their export markets. We show that there is a positive correlation between measures of product and input quality and measures of per capita income of export markets. In particular, the results suggest that the taste for quality is correlated with income, and that the quality of manufactured products is correlated with the quality of the inputs used to produce them. These findings are consistent with the recent literature on the demand and supply of quality, and with evidence for other countries.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.