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文章基本信息

  • 标题:Learning by Doing, Trade in Capital Goods and Growth
  • 本地全文:下载
  • 作者:Goh, Ai-Ting, Olivier, Jacques
  • 期刊名称:Discussion Paper / Département des Sciences Économiques de l'Université Catholique de Louvain
  • 印刷版ISSN:1379-244X
  • 出版年度:2001
  • 卷号:1
  • 出版社:Université catholique de Louvain
  • 摘要:The paper aims at reconciling theoretical models of endogenous growth with the empirical evidence on trade and growth. In particular, we show that the conventional wisdom according to which trade is growth-impairing for a country with comparative advantage in goods with limited opportunities for learning fails to hold when the imported good is a capital good. The intuition is that the country gains access to cheaper capital goods, which raises investment, output per worker and learning by doing.
  • 关键词:trade; capital goods; growth
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