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    題名: Trade Volume and Economic Growth
    作者: 李順發
    貢獻者: 淡江大學產業經濟學系
    關鍵詞: two-country endogenous growth model;trade shares;economic growth
    日期: 2013-07-26
    上傳時間: 2014-10-22 10:43:56 (UTC+8)
    摘要: Do open economies earn better economic performance than closed economies? The most basic measure of openness is the simple trade volume, which is exports plus imports divided by GDP. A large number of empirical studies found a positive relationship, but few theoretical studies used this definition in endogenous growth models. We develop a two-country (Home and Foreign) by two-good (consumption good and investment good) by one factor (capital) endogenous growth model with international knowledge spillover to study the relationship between trade volume and economic growth. We find that trade volume are positively related to economic growth rate when a variation from the production coefficients in both countries.
    關聯: 9th Annual Conference of Asia-Pacific Economic Associa
    顯示於類別:[產業經濟學系暨研究所] 會議論文

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