Permanent International Productivity Growth Differentials in an Integrated Global Economy

Permanent International Productivity Growth Differentials in an Integrated Global Economy
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全球经济一体化中国际生产力增长的永久性差异

DOI:
10.2307/3440907
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发表时间:
1992
期刊:
影响因子:
--
通讯作者:
Kenneth M. Kletzer
Kenneth M. Kletzer
中科院分区:
--
文献类型:
--
作者:
W. Buiter;Kenneth M. Kletzer

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本文分析了家庭行为差异作为国家或地区生产率增长率持续甚至永久差异的来源的作用,当生产中存在恒定的静态规模回报和无成本的国际技术扩散时。对人力资本形成具有约束力的自我融资限制可以解释永久性的国际生产率增长差异。另一种机制是增长过程中基本投入(如人力资本)的非贸易性。各国在私人储蓄(无论是通过一次性代际再分配还是通过对金融资产收入征税)、对人力资本形成(学生贷款)的补贴以及在人力资本形成过程中免费提供公共部门投入方面的政策差异,也影响了长期增长差异。
The paper analyzes the role of differences in household behavior as a source of persistent and even permanent differences between national or regional productivity growth rates, when there are constant static returns to scale in production and costless international diffusion of technology. A binding self-financing constraint on human capital formation can account for permanent international productivity growth differentials. An alternative mechanism is the nontradedness of an essential input, such as human capital, in the growth process. Differences in national policies toward private saving (whether through lump-sum intergenerational redistribution or through the taxation of financial asset income), toward the subsidization of human capital formation (student loans) and toward the free provision of public sector inputs in the human capital formation process also influence the long-run growth differentials.