Winners and losers in a North-South model of growth, innovation and product cycles

• 成果类型: Article
• 署名作者: Chui, M; Levine, P; Pearlman, J
• 署名单位: Bank of England; University of Surrey; Centre for Economic Policy Research - UK; London Metropolitan University
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/S0304-3878(01)00140-7
• 发表日期: 2001
• 页码: 333-365
• 关键词: Gains from trade; distribution; Economic growth

摘要

The paper examines the welfare gains from North-South trade and their distribution. We construct an endogenous growth North-South model with four Southern stages of development as possible equilibria: specialisation in a traditional good; the South, in addition, copies Northern high-tech manufactured goods; the South begins to innovate in its own right; and finally, a stage in which the South only innovates, as in the North. We use this model to show that dynamic gains from trade and from Southern development through the stages can create new winners, unskilled workers in the North, and skilled workers in the South. (C) 2001 Elsevier Science B.V. All rights reserved.