Tariffs and Schumpeterian growth

• 成果类型: Article
• 署名作者: Dinopoulos, E; Syropoulos, C
• 署名单位: State University System of Florida; Florida International University; State University System of Florida; University of Florida
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/S0022-1996(96)01477-8
• 发表日期: 1997
• 页码: 425-452
• 关键词: economic growth; R&D; TARIFFS; trade liberalization; BILATERALISM; MULTILATERALISM

摘要

The paper develops a dynamic multi-country, multi-commodity model of Schumpeterian growth, trade, and tariffs. The presence of a nontraded final good sector generates differences in long-run growth across countries. Furthermore, if the growth intensity of the nontraded good is lower than the growth intensity of traded goods, then the liberalization of trade raises the long-run growth of all trading partners. The paper also analyzes the implications of multilateral, bilateral and unilateral schemes of trade liberalization for long-run growth and welfare.