| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4622 |
| DP4622 Comparative Advantage and Heterogenous Firms | |
| Andrew Bernard; Stephen Redding; Peter Schott | |
| 发表日期 | 2004-09-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | Melitz (2003) demonstrates that greater trade openness raises industry productivity via a selection effect and via a production re-allocation effect. Our comment points out that the set-up assumed in the Melitz model displays a trade off between static and dynamic efficiency gains. That is, although freer trade improves industry productivity in a level sense, it harms it in a growth sense. To make this point as simply as possible, we introduce a slight modification to the model that endogenises the growth rate of industry productivity and we show that liberalization slows growth. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Trade liberalization Endogenous growth Heterogenous firms Dynamic versus static efficiency |
| URL | https://cepr.org/publications/dp4622 |
| 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/533542 |
| 推荐引用方式 GB/T 7714 | Andrew Bernard,Stephen Redding,Peter Schott. DP4622 Comparative Advantage and Heterogenous Firms. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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