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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w5021 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w5021 |
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/562450 |
推荐引用方式 GB/T 7714 | James A. Brander,M. Scott Taylor. International Trade and Open Access Renewable Resources: The Small Open Economy Case. 1995. |
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 | ||
w5021.pdf(554KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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