A two-country model of trade and growth with intersectoral knowledge spillovers
A two-country model of trade and growth with intersectoral knowledge spillovers
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DOI：
10.1007/s00712-010-0178-4
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发表时间：
2011-05
影响因子：
1.7
通讯作者：
Takumi Naito;Ryoji Ohdoi
中科院分区：
文献类型：
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作者：
Takumi Naito;Ryoji Ohdoi
我们构建了一个两国、两好、双要素、边做边学、跨部门知识溢出的内生增长模型。由于资本回报率不变，每个国家只存在一个状态变量，以及要素价格均衡定理，我们的模型没有表现出过渡动态。通过将我们的模型应用于援助和增长问题，我们表明，当且仅当受援国消费资本密集型商品的倾向大于捐助国时，非约束性援助的永久性增加才能提高共同增长率。
We formulate a two-country, two-good, two-factor endogenous growth model with learning by doing and intersectoral knowledge spillovers. Our model exhibits no transitional dynamics because of constant returns to capital, the existence of only one state variable for each country, and the factor price equalization theorem. By applying our model to the problem of aid and growth, we show that a permanent increase in untied aid raises the common growth rate if and only if the propensity to consume the capital-intensive good in the recipient country is larger than in the donor country.