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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w3594 |
来源ID | Working Paper 3594 |
International Trade with Endogenous Technological Change | |
Luis A. Rivera-Batiz; Paul M. Romer | |
发表日期 | 1991 |
出版年 | 1991 |
语种 | 英语 |
摘要 | To explain why trade restrictions sometimes speed up worldwide growth and sometimes slow it down, we exploit an analogy with the theory of consumer behavior. substitution effects make demand curves slope down, but income effects can increase or decrease the slope, and can sometimes overwhelm the substitution effect. We decompose changes in the worldwide growth rate into two effects (integration and redundancy) that unambiguously slow down growth, and a third effect (allocation) that can either speed it up or slow it down. We study two types of trade restrictions to illustrate the use of this decomposition. The first is across the board restrictions on traded goods in an otherwise perfect market. The second is selective protection of knowledge-intensive goods in a world with imperfect intellectual property rights. In both examples, we show that for trade between similar regions such as Europe and North America, the first two effects dominate; starting from free trade, restrictions unambiguously reduce worldwide growth. |
主题 | Macroeconomics ; International Economics |
URL | https://www.nber.org/papers/w3594 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/560896 |
推荐引用方式 GB/T 7714 | Luis A. Rivera-Batiz,Paul M. Romer. International Trade with Endogenous Technological Change. 1991. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w3594.pdf(424KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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