G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8495
DP8495 A Many-Country Model of Industrialization
Alejandro Cuñat; Holger Breinlich
发表日期2011-07-01
出版年2011
语种英语
摘要We draw attention to the role of economic geography in explaining important cross-sectional facts which are difficult to account for in existing models of industrialization. By construction, closed-economy models that stress the role of local demand in generating sufficient expenditure on manufacturing goods are not suited to explain the strong and negative correlation between distance to the world's main markets and levels of manufacturing activity in the developing world. Secondly, open-economy models that emphasize the importance of comparative advantage are at odds with a positive correlation between the ratio of agricultural to manufacturing productivity and shares of manufacturing in GDP. This paper provides a potential explanation for these puzzles by nesting the above theories in a multi-location model with trade costs. Using a number of simple analytical examples and a full-scale multi-country calibration, we show that the model can replicate the above stylized facts.
主题International Trade and Regional Economics
关键词Economic geography Industrialization International trade
URLhttps://cepr.org/publications/dp8495
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/537332
推荐引用方式
GB/T 7714
Alejandro Cuñat,Holger Breinlich. DP8495 A Many-Country Model of Industrialization. 2011.
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