G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w11051
来源IDWorking Paper 11051
A Multi-Country Approach to Factor-Proportions Trade and Trade Costs
James R. Markusen; Anthony J. Venables
发表日期2005-01-17
出版年2005
语种英语
摘要Classic trade questions are reconsidered by generalizing a factor-proportions model to multiple countries, multi-stage production, and country-specific trade costs. We derive patterns of production specialization and trade for a matrix of countries that differ in relative endowments (columns) and trade costs (rows). We demonstrate how the ability to fragment production and/or a proportional change in all countries' trade costs alters these patterns. Production specialization and the volume of trade are higher with fragmentation for most countries but interestingly, for a large block of countries, these variables fall following fragmentation. Countries with moderate trade costs engage in market-oriented assembly, while those with lower trade costs engage in export-platform production. These two cases correspond to the concepts of horizontal and vertical affiliate production in the literature on multinational enterprises. Increases in specialization and the volume of trade accelerate as trade costs go to zero with and without fragmentation.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w11051
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/568686
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GB/T 7714
James R. Markusen,Anthony J. Venables. A Multi-Country Approach to Factor-Proportions Trade and Trade Costs. 2005.
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