{"title":"贸易在过早去工业化和产业两极分化中的作用","authors":"Michael Sposi, Kei-Mu Yi, Jing Zhang","doi":"10.3982/ECTA20428","DOIUrl":null,"url":null,"abstract":"<p>We document two key patterns of structural change: premature deindustrialization and rising industry polarization. Using a dynamic open-economy model with sector-biased technological change (SBTC), we evaluate the role of trade in these shifts. Trade alone does not cause premature deindustrialization, but its interaction with SBTC—transmitting global technological change, amplifying the decline in manufacturing's relative price over time, and generating manufacturing trade imbalances across countries—deepens premature deindustrialization over time. Industry polarization, by contrast, emerges only through trade-driven specialization, as countries diverge along lines of comparative advantage.</p>","PeriodicalId":50556,"journal":{"name":"Econometrica","volume":"94 5","pages":"1779-1815"},"PeriodicalIF":6.2000,"publicationDate":"2026-09-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Role of Trade in Premature Deindustrialization and Industry Polarization\",\"authors\":\"Michael Sposi, Kei-Mu Yi, Jing Zhang\",\"doi\":\"10.3982/ECTA20428\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>We document two key patterns of structural change: premature deindustrialization and rising industry polarization. Using a dynamic open-economy model with sector-biased technological change (SBTC), we evaluate the role of trade in these shifts. Trade alone does not cause premature deindustrialization, but its interaction with SBTC—transmitting global technological change, amplifying the decline in manufacturing's relative price over time, and generating manufacturing trade imbalances across countries—deepens premature deindustrialization over time. Industry polarization, by contrast, emerges only through trade-driven specialization, as countries diverge along lines of comparative advantage.</p>\",\"PeriodicalId\":50556,\"journal\":{\"name\":\"Econometrica\",\"volume\":\"94 5\",\"pages\":\"1779-1815\"},\"PeriodicalIF\":6.2000,\"publicationDate\":\"2026-09-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Econometrica\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.3982/ECTA20428\",\"RegionNum\":1,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Econometrica","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.3982/ECTA20428","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
The Role of Trade in Premature Deindustrialization and Industry Polarization
We document two key patterns of structural change: premature deindustrialization and rising industry polarization. Using a dynamic open-economy model with sector-biased technological change (SBTC), we evaluate the role of trade in these shifts. Trade alone does not cause premature deindustrialization, but its interaction with SBTC—transmitting global technological change, amplifying the decline in manufacturing's relative price over time, and generating manufacturing trade imbalances across countries—deepens premature deindustrialization over time. Industry polarization, by contrast, emerges only through trade-driven specialization, as countries diverge along lines of comparative advantage.
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