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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8495 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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