Agricultural Productivity, Infrastructures, and the Optimal Timing of Opening Trade
Agricultural Productivity, Infrastructures, and the Optimal Timing of Opening Trade
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农业生产力、基础设施和开放贸易的最佳时机
DOI：
10.1111/manc.12125
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发表时间：
2016
期刊：
影响因子：
--
通讯作者：
Hiroaki Sasaki
中科院分区：
文献类型：
--
作者：
Keita Kamei;Hiroaki Sasaki
本研究开发了一个动态的Riccatan贸易模型，将生产性基础设施纳入制造业。基础设施建设的费用由税收提供。本文研究了贸易开放的时机与总福利之间的关系。主要结果如下：（1）存在使总福利最大化的最优税率;（2）农业生产率的提高可以加速贸易开放的时机，但这并不一定改善总福利;（3）取决于当时的条件，制造业专业化下的总福利可以高于农业专业化下的总福利。
This study develops a dynamic Ricardian trade model that incorporates productive infrastructures into the manufacturing sector. The costs of building infrastructures are financed by tax. We investigate the relationship between the timing of opening trade and total welfare. The main results are as follows: (1) there is the optimal tax rate maximizing the total welfare; (2) an increase in agricultural productivity can accelerate the timing of opening trade, which, however, does not necessarily improve total welfare; and (3) total welfare under specialization in manufacturing can be higher than that under specialization in agriculture depending on the prevailing conditions.