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作者:Ciccone, A; Matsuyama, K
作者单位:Northwestern University
摘要:We use a dynamic monopolistic competition model to show that an economy that inherits a small range of specialized inputs can be trapped into a lower stage of development, The limited availability of specialized inputs forces the final goods producers to use a labor intensive technology, which in turn implies a small inducement to introduce new intermediate inputs. The start-up costs, which make the intermediate inputs producers subject to dynamic increasing returns, and pecuniary externalitie...
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作者:Fafchamps, M; Helms, B
摘要:This paper investigates the role of demand in rural industrialization. We show that, when increasing returns are present, investment multipliers and multiple equilibria can result from demand for intermediate inputs and non-homothetic preferences, We then examine small-scale industrialization in the Guatemalan highlands. We find large differences in the extent and variety of non-farm production across municipalities and evidence of large entry and transportation costs. But the pattern of non-f...
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作者:Keller, W
摘要:Recent studies on technological transformation in developing countries emphasize that successful industrialization requires both technological information and a good understanding of its implementation. In an open economy context it is shown that the sustained gains in growth derived from a move towards an open trade regime evaporate as soon as one gives up the arguably inadequate notion of 'technology' as being all-inclusive. In this paper, technology is only implementable as the labor force ...
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作者:RodriguezClare, A
作者单位:University of Chicago
摘要:Building on three widely accepted premises (productivity gains from the division of labor, efficiency gains derived from the proximity of suppliers and users of certain inputs, the division of labor is limited by the extent of the market) this paper shows that a small, open economy may be caught in an underdevelopment trap in which a shallow division of labor (i.e., a low variety of specialized inputs) is self-reinforcing. In turn, the shallow division of labor leads to a relatively low rate o...
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作者:Feenstra, RC
摘要:In many endogenous growth models, trade leads to the convergence of growth rates across countries. What has not been adequately recognized is that this result depends on one crucial assumption: that trade occurs simultaneously with the international diffusion of knowledge. If instead we drop this assumption, and consider the case where no diffusion of knowledge occurs, then we find that trade in goods can lead to a divergence of growth rates, We also explore how these results are affected by t...