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Trade and the Composition of Growth
https://iuj.repo.nii.ac.jp/records/960
https://iuj.repo.nii.ac.jp/records/960b4a060c6-8dd3-4ef0-99eb-7c97927ec3fa
名前 / ファイル | ライセンス | アクション |
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Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
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公開日 | 2021-04-09 | |||||
タイトル | ||||||
タイトル | Trade and the Composition of Growth | |||||
タイトル | ||||||
タイトル | Trade and the Composition of Growth | |||||
言語 | en | |||||
言語 | ||||||
言語 | eng | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||
資源タイプ | departmental bulletin paper | |||||
著者 |
Robert F. Kane
× Robert F. Kane× Robert F. Kane |
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抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | This paper studies the relationship between innovation driven growth, distribution, and international trade. The model features two trade barriers: tariffs and distribution costs and three sources of growth: quality improvement, cost reduction, and product proliferation. This paper shows that distribution and manufacturing technologies have important interactions and are fundamentally linked. The distribution costs reduce the incentive to engage in cost reduction. Through this mechanism, trade has a compositional affect on economic growth. Tariffs affect both the extent of the market and the composition of the market. A reduction in tariffs increases market size and hence generates a temporary increase in quality growth and the entry rate. Because overseas sales are distribution intensive, the expansion of overseas sales drives a temporary reduction in manufacturing productivity growth. In contrast, if increased trade is driven by improvements to the distribution technology, both quality improvement and manufacturing productivity growth increase. | |||||
書誌情報 |
Economics & Management Series en : Economics & Management Series 発行日 2021-03 |