偏好扭曲、信息成本与比较优势:后大流行时代贸易态势的理论探索

IF 1.1 Q4 BUSINESS
Tonmoy Chatterjee, Soumyananda Dinda
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引用次数: 0

摘要

这项研究认为,大流行后的世界可能不一定遵循通常的贸易机制。事实上,最近的大流行将我们拖入了新常态的轨道。由于偏好扭曲和信息不对称等扭曲效应,新常态下的经济行为发生了巨大变化。这种扭曲通过比较优势下的贸易论点的收益来改变贸易态势。本文利用传统的两国两品一要素李嘉图模型,探讨了基于比较优势的消费者偏好变化对贸易模式的影响以及消除信息不确定性的意义。为了保持这种贸易在大流行前的收益,本研究主张在考虑创新的同时考虑与贸易篮子相关的信息成本。这些结果可能至少对大流行后制度的政策制定具有重要意义。敏感性分析也被构建来捕捉贸易自给利润差距的变化程度。这项研究建立在与流行病和国际贸易有关的经济危机的边缘。JEL代码:C70, D81, F11, L15
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Preference Distortion, Information Cost and Comparative Advantage: A Theoretical Quest to Claim Trade Posture in Post-Pandemic Era
This study argues that post-pandemic world may not necessarily follow the usual mechanism of trade. In fact, recent pandemic dragged down us to the trajectory of new normalcy. Economic behaviour under new normalcy has changed immensely following several distorted effects, namely preference distortion and information asymmetry. Such distortions change trade posture via gains from trade arguments under comparative advantage. Using the traditional Ricardian model with two countries, two goods and one factor, this study explores the effect of changes in consumer preferences on trade patterns based on comparative advantage and the significance of eliminating information uncertainty. To retain the pre-pandemic gains from such trade this study advocates for consideration of information cost associated with trade basket along with innovation. These results could be important for policymaking at least in post pandemic regime. Sensitivity analysis has also been constructed to capture the extent of changes in trade–autarky profit gaps. This study builds on the verge of economic crisis linking to pandemic and international trade. JEL Codes: C70, D81, F11, L15
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来源期刊
CiteScore
2.50
自引率
23.10%
发文量
37
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