Gains from trade and measured total factor productivity

被引：10

作者：

Ferreira, Pedro Cavalcanti ^{[2
]}

Trejos, Alberto ^{[1
]}

机构：

[1] INCAE, Alajuela, Costa Rica

[2] Fundacao Getulio Vargas, Grad Sch Econ, BR-22253900 Rio De Janeiro, Brazil

来源：

REVIEW OF ECONOMIC DYNAMICS | 2011年 / 14卷 / 03期

关键词：

Productivity differences; Gains from openness; Terms of trade; Development decomposition; Heckscher-Ohlin; COUNTRIES; OUTPUT;

D O I：

10.1016/j.red.2011.01.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We develop and calibrate a model where differences in factor endowments lead countries to trade different goods, so that, the existence of international trade changes the sectorial composition of output from one country to another. Gains from trade reflect in total factor productivity. We perform a development decomposition, to assess the impact of trade and barriers to trade - on measured TFP. In our sample, the median size of that effect is about 6.5% of output, with a mean of 17% and a maximum of 89%. Also, the model Predicts that changes in the terms of trade cause a change of productivity, and that effect has an average elasticity of 0.73. (C) 2011 Elsevier Inc. All rights reserved.

引用

页码：496 / 510

页数：15