Optimal trade policy with international technology diffusion

IF 3.8 1区 经济学 Q1 ECONOMICS
Yan Bai , Keyu Jin , Dan Lu , Hanxi Wang
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引用次数: 0

Abstract

We study optimal dynamic trade policies in an Eaton–Kortum model with technology diffusion through trade. Trade affects technology by determining the distribution from which potential producers draw their insights. Our theory shows that optimal policies capture dynamic motives for a country to alter global technology. These policies take into account selection effects and country endowments that affect the degree and quality of diffusion. We provide explicit formulas showing that a country should subsidize imports that raise domestic learning quality and reduce export taxes when higher foreign productivity benefits the home country and increased exports improve foreign learning. We quantify these dynamic policies and their welfare implications using cross-country data.
国际技术扩散下的最优贸易政策
本文在考虑技术通过贸易扩散的Eaton-Kortum模型中研究了最优动态贸易政策。贸易通过决定潜在生产者从中获得洞察力的分配来影响技术。我们的理论表明,最优政策抓住了一个国家改变全球技术的动态动机。这些政策考虑了影响扩散程度和质量的选择效应和国家禀赋。我们提供了明确的公式,表明当较高的国外生产率有利于母国,增加的出口促进了国外学习时,一个国家应该补贴提高国内学习质量的进口,并降低出口税。我们使用跨国数据量化这些动态政策及其福利影响。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
5.80
自引率
6.10%
发文量
98
期刊介绍: The Journal of International Economics is intended to serve as the primary outlet for theoretical and empirical research in all areas of international economics. These include, but are not limited to the following: trade patterns, commercial policy; international institutions; exchange rates; open economy macroeconomics; international finance; international factor mobility. The Journal especially encourages the submission of articles which are empirical in nature, or deal with issues of open economy macroeconomics and international finance. Theoretical work submitted to the Journal should be original in its motivation or modelling structure. Empirical analysis should be based on a theoretical framework, and should be capable of replication.
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