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来源类型Working Paper
规范类型报告
DOI10.3386/w12326
来源IDWorking Paper 12326
Trade and Growth with Heterogenous Firms
Richard E. Baldwin; Frédéric Robert-Nicoud
发表日期2006-06-26
出版年2006
语种英语
摘要This paper explores the impact of trade on growth when firms are heterogeneous. We find that greater openness produces anti-and pro-growth effects. The Melitz-model selection effects raises the expected cost of introducing a new variety and this tends to slow the rate of new-variety introduction and hence growth. The pro-growth effect stems from the impact that freer trade has on the marginal cost of innovating. The balance of the two effects is ambiguous with the sign depending upon the exact nature of the innovation technology and its connection to international trade in goods and ideas. We consider five special cases (these include the Grossman-Helpman, the Coe-Helpman and Rivera-Batiz-Romer models) two of which suggest that trade harms growth; the others predicting the opposite.
主题Public Economics ; Taxation ; Other ; Economic Systems
URLhttps://www.nber.org/papers/w12326
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/569983
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GB/T 7714
Richard E. Baldwin,Frédéric Robert-Nicoud. Trade and Growth with Heterogenous Firms. 2006.
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