G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w5021
来源IDWorking Paper 5021
International Trade and Open Access Renewable Resources: The Small Open Economy Case
James A. Brander; M. Scott Taylor
发表日期1995-02-01
出版年1995
语种英语
摘要This paper develops a two-sector general equilibrium model of an economy with an open access renewable resource. We characterize the autarkic steady state, showing that autarky prices (and 'comparative advantage') are determined by the ratio of intrinsic resource growth to labor. Under free trade, steady state trade and production patterns for a small open economy are determined by whether the resource good's world price exceeds its autarky price. Strikingly, if the small country exports the resource good while remaining diversified, then steady-state utility is lower than in autarky, and increases in the world price of exports are welfare-reducing.
主题International Economics ; Trade ; Environmental and Resource Economics ; Renewable Resources
URLhttps://www.nber.org/papers/w5021
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/562450
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GB/T 7714
James A. Brander,M. Scott Taylor. International Trade and Open Access Renewable Resources: The Small Open Economy Case. 1995.
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