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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w5582 |
来源ID | Working Paper 5582 |
Trade-Induced Investment-led Growth | |
Richard E. Baldwin; Elena Seghezza | |
发表日期 | 1996-05-01 |
出版年 | 1996 |
语种 | 英语 |
摘要 | This paper presents five theoretical openness-and-growth links that can account for trade-induced investment-led growth. The links are all demonstrated with neoclassical growth models developed in the context of trade models that allow for imperfect competition and scale economies. This sort of old-growth-theory-in-a-new-trade-model has not been thoroughly explored in the literature since the profession skipped from old-growth-old-trade models straight to new-growth-new- trade models. Nonetheless, such models are necessary to explain several key aspects of the econometric evidence on trade and growth. For example, cross-country data suggests that openness influences growth only via its effect on investment, and suggests that openness promotes investment in all countries whatever the capital-intensive of their exports (contrary to predictions of the old-growth-old-trade models). |
主题 | International Economics ; International Macroeconomics ; Trade |
URL | https://www.nber.org/papers/w5582 |
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/563056 |
推荐引用方式 GB/T 7714 | Richard E. Baldwin,Elena Seghezza. Trade-Induced Investment-led Growth. 1996. |
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 | ||
w5582.pdf(1392KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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