| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5899 |
| DP5899 The Scope of Punishment: An Economic Theory of Harm-Based vs. Act-Based Sanctions | |
| Nuno Garoupa; Marie Obidzinski | |
| 发表日期 | 2006-10-15 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | This paper presents a trade model with firm-level productivity differences and R&D-driven growth. Trade liberalization causes the least productive firms to exit but also slows the development of new products. The overall effect on productivity growth depends on the size of intertemporal knowledge spillovers in R&D. When these spillovers are relatively weak, then trade liberalization promotes productivity growth in the short run and makes consumers better off in the long run. However, when these spillovers are relatively strong, then trade liberalization retards productivity growth in the short run and makes consumers worse off in the long run. |
| 主题 | International Trade and Regional Economics |
| 关键词 | International trade Trade liberalization Productivity growth Heterogenous firms Endogenous fimrs |
| URL | https://cepr.org/publications/dp5899 |
| 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/534729 |
| 推荐引用方式 GB/T 7714 | Nuno Garoupa,Marie Obidzinski. DP5899 The Scope of Punishment: An Economic Theory of Harm-Based vs. Act-Based Sanctions. 2006. |
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