Contagion through interactive production and dynamic effects of trade

• 成果类型: Article
• 署名作者: Xie, X
• 署名单位: Chinese University of Hong Kong
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/1468-2354.00010
• 发表日期: 1999
• 页码: 165-186
• 关键词: economic-growth; TECHNOLOGY; INNOVATION; returns

摘要

This paper produces three main results in a two-country model where learning is generated through interactive production. First, it endogenizes the incidence of international spillovers and consequently, integrates the convergence and divergence literature of endogenous growth. Second, it qualifies the notion of 'the advantage of backwardness' and shows that a large technology gap may reduce cross-country spillovers. Third, it points out that besides the already recognized 'contagion effect,' trade also promotes technological progress in the LDC through a 'complementarity effect' that shifts the resources in the LDC toward the production of more sophisticated intermediate products.