| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6572 |
| DP6572 Some Social Welfare Implications of Behavioural Preferences | |
| Andrea Gallice | |
| 发表日期 | 2007-11-23 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | This paper investigates the impacts of progressive trade openness, technological externalities, and heterogeneity of individuals on the formation of entrepreneurship in a two-country occupation choice model. We show that trade opening gives rise to a non-monotonic process of international specialization, in which the share of entrepreneurial firms in the large (small) country first increases (decreases) and then decreases (increases), with the global economy exhibiting first de-industrialization and then re-industrialization. When countries have the same size, we also show that strong technological externalities make the symmetric equilibrium unstable, generating equilibrium multiplicity, while sufficient heterogeneity of individuals leads to the stability and uniqueness of the symmetric equilibrium. |
| 主题 | Industrial Organization ; International Trade and Regional Economics |
| 关键词 | entrepreneurship Trade liberalization Externality Heterogeneity Stability |
| URL | https://cepr.org/publications/dp6572 |
| 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/535411 |
| 推荐引用方式 GB/T 7714 | Andrea Gallice. DP6572 Some Social Welfare Implications of Behavioural Preferences. 2007. |
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