| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w19667 |
| 来源ID | Working Paper 19667 |
| Idea Flows, Economic Growth, and Trade | |
| Fernando E. Alvarez; Francisco J. Buera; Robert E. Lucas, Jr. | |
| 发表日期 | 2013-11-21 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | We provide a theoretical description of a process that is capable of generating growth and income convergence among economies, and where freer trade has persistent, positive effects on productivity, beyond the standard efficiency gains due to reallocation effects. We add to a standard Ricardian model a theory of endogenous growth where the engine of growth is the flow of ideas. Ideas are assumed to diffuse by random meetings where people get new ideas by learning from the people they do business with or compete with. Trade then has a selection effect of putting domestic producers in contact with the most efficient foreign and domestic producers. We analyze the way that trade in goods, and impediments to it, affect this diffusion. We find that exclusion of a country from trade reduces productivity growth, with large long-term effects. Smaller trade costs have moderate effects on productivity. |
| 主题 | International Economics ; Trade ; Development and Growth ; Development ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w19667 |
| 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/577342 |
| 推荐引用方式 GB/T 7714 | Fernando E. Alvarez,Francisco J. Buera,Robert E. Lucas, Jr.. Idea Flows, Economic Growth, and Trade. 2013. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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