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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23757 |
来源ID | Working Paper 23757 |
Trade and Investment in the Global Economy | |
James E. Anderson; Mario Larch; Yoto V. Yotov | |
发表日期 | 2017-09-04 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology capital. The model nests structural gravity sub-systems for FDI and trade, with accumulation/decumulation of phyisical and technology capital in transition to the steady state. The empirical importance of the FDI channel is demonstrated comparing actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount to 9\% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI substitute for export trade in the results. |
主题 | International Economics ; Trade ; International Macroeconomics |
URL | https://www.nber.org/papers/w23757 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581431 |
推荐引用方式 GB/T 7714 | James E. Anderson,Mario Larch,Yoto V. Yotov. Trade and Investment in the Global Economy. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23757.pdf(770KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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