| 来源类型 | Working Paper
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| 规范类型 | 报告
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| DOI | 10.3386/w29314
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| 来源ID | Working Paper 29314
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| The Role of Trade in Economic Development |
| David Atkin; Dave Donaldson
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| 发表日期 | 2021-09-27
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| 出版年 | 2021
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| 语种 | 英语
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| 摘要 | This chapter (to appear in the forthcoming Handbook of International Economics, Vol. 5) develops a framework with which to interpret and survey answers to the question: how does increased openness affect aggregate welfare in a typical developing country? We decompose answers into four mechanisms: (i) an effect akin to technological progress that is purely mechanical; (ii) an effect on factoral terms of trade; (iii) a distortion revenue effect that exacerbates or mitigates the consequences of domestic distortions; and (iv) an effect of trade on the magnitude of those distortions themselves. Our focus lies in the last two mechanisms as these are especially important for the study of low-income settings where domestic distortions are thought to be rife. Throughout, we provide both a review of existing work on these topics and quantitative calculations that aim to gauge the magnitudes involved in a global model that is calibrated to match firm- and industry-level data on trade flows, production techniques, and a host of distortions (tariffs, other taxes, markups, bribes, theft, credit constraints, contracting failures, labor regulations, and public utility provision) that have featured in the literature. |
| 主题 | International Economics
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| URL | https://www.nber.org/papers/w29314
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586987
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推荐引用方式
GB/T 7714 |
David Atkin,Dave Donaldson. The Role of Trade in Economic Development. 2021.
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文件名：
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w29314.pdf
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格式：
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Adobe PDF
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