| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18972 |
| 来源ID | Working Paper 18972 |
| Innovation and Production in the Global Economy | |
| Costas Arkolakis; Natalia Ramondo; Andrés Rodríguez-Clare; Stephen Yeaple | |
| 发表日期 | 2013-04-18 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | The decline in the costs of multinational production (MP) has led some countries to specialize in innovation and others to specialize in production. To study the aggregate and distributional implications of this phenomenon, we develop a quantifiable general equilibrium model of trade and MP. Specialization is endogenously determined as a result of comparative advantage and home market effects (HME) that arise from the interaction between increasing returns to innovation and geographical frictions. The model yields simple structural expressions for bilateral trade and MP that we use to calibrate it across a set of OECD countries. Comparative statics exercises reveal that the reduction in the cost of MP or the integration of China into the world economy may hurt countries that are driven to specialize in production due to HMEs, although these losses tend to be very small. Contrary to popular fears, we find that production workers gain even in countries that further specialize in innovation. |
| 主题 | International Economics ; Trade ; International Factor Mobility ; Globalization and International Relations |
| URL | https://www.nber.org/papers/w18972 |
| 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/576646 |
| 推荐引用方式 GB/T 7714 | Costas Arkolakis,Natalia Ramondo,Andrés Rodríguez-Clare,et al. Innovation and Production in the Global Economy. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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