| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3553 |
| DP3553 The Market for Corporate Law | |
| Lucian Arye Bebchuk; Oren Bar-Gill; Michal Barzuza | |
| 发表日期 | 2002-09-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | How does trade policy a affect technology adoption, total factor productivity (TFP henceforth), and per capita income? To study this question we construct a dynamic general equilibrium model of a small open economy in which a coalition of skilled workers chooses the technology. We obtain three results. First, under free trade and under a tariff the best technology is used and TFP and per capita income are as large as is possible. Second, under a quota the best technology may or may not be used; in both cases per capita income and TFP are smaller than under free trade and a tariff. Third, average growth rates are the same across all three trade policy regimes but abandoning a quota leads to a short?term increase in growth rates. |
| 主题 | International Macroeconomics ; International Trade and Regional Economics |
| 关键词 | Coalition Quota Tariff Technology adoption Total factor productivity |
| URL | https://cepr.org/publications/dp3553 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532561 |
| 推荐引用方式 GB/T 7714 | Lucian Arye Bebchuk,Oren Bar-Gill,Michal Barzuza. DP3553 The Market for Corporate Law. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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