Gateway to Think Tanks
来源类型 | Working papers |
规范类型 | 论文 |
DOI | 10.3929/ethz-a-005229410 |
Trade, envy and growth: international status seeking in a two-country world | |
Valente, Simone | |
发表日期 | 2006-07 |
出版者 | ETH Zurich, Center of Economic Research (CER-ETH) |
出版年 | 2006 |
语种 | 英语 |
摘要 | This paper analyzes a two-country model with international status seeking: utility in the status-seeking country is affected by consumption gaps with the status leader. The analysis employs the benchmark neoclassical growth model of trade, with asymmetric endowments and heterogeneous goods. In this setup, transboundary envy reshapes consumption behaviour and modifies transitional dynamics. It is shown that the status-seeker experiences consumption overshooting: consumption per capita grows beyond the long-run equilibrium level, and approaches the steady-state from above. Terms-of-trade dynamics become non-monotonic, and there always exist a critical interval of time during which envy reverts the growth differential in favor of the initially poor country. |
主题 | Consumption externalities ; International trade ; Two-country models |
URL | https://www.research-collection.ethz.ch/handle/20.500.11850/46307 |
来源智库 | Centre for Energy Policy and Economics (Switzerland) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/266646 |
推荐引用方式 GB/T 7714 | Valente, Simone. Trade, envy and growth: international status seeking in a two-country world. 2006. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
eth-28927-01.pdf(1097KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
eth-28927-01.jpg(3KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | ![]() 浏览 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Valente, Simone]的文章 |
百度学术 |
百度学术中相似的文章 |
[Valente, Simone]的文章 |
必应学术 |
必应学术中相似的文章 |
[Valente, Simone]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。