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来源类型Working Paper
规范类型报告
DOI10.3386/w20881
来源IDWorking Paper 20881
Equilibrium Technology Diffusion, Trade, and Growth
Jesse Perla; Christopher Tonetti; Michael E. Waugh
发表日期2015-01-26
出版年2015
语种英语
摘要We study how opening to trade affects economic growth in a model where heterogeneous firms can adopt new technologies already in use by other firms in their home country. We characterize the growth rate using a summary statistic of the profit distribution—the mean-min ratio. Opening to trade increases the profit spread through increased export opportunities and foreign competition, induces more rapid technology adoption, and generates faster growth. Quantitatively, these forces produce large welfare gains from trade by increasing an inefficiently low rate of technology adoption and economic growth.
主题Other ; General, Teaching ; Macroeconomics ; Macroeconomic Models ; International Economics ; International Macroeconomics ; Development and Growth ; Growth and Productivity
URLhttps://www.nber.org/papers/w20881
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578556
推荐引用方式
GB/T 7714
Jesse Perla,Christopher Tonetti,Michael E. Waugh. Equilibrium Technology Diffusion, Trade, and Growth. 2015.
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