Adjustment costs and gradual trade liberalization
Adjustment costs and gradual trade liberalization
复制标题
调整成本和逐步贸易自由化
DOI：
10.1016/s0022-1996(98)00071-3
复制
发表时间：
1999
影响因子：
3.3
通讯作者：
E. Lai
中科院分区：
文献类型：
--
作者：
T. Furusawa;E. Lai
本文分析了两个大国之间动态的双边贸易自由化。贸易自由化导致各国进口部门萎缩，从而导致劳动力在部门之间的重新分配。假设每个流动工人必须支付固定的调整成本，则一个国家必须承担与流动工人数量成线性关系的总调整成本。我们推导出最具合作性、自我执行性的贸易自由化路径，并发现贸易自由化总体上是渐进的。我们还发现，对工人搬出受保护部门进行补偿的贸易调整援助将加快贸易自由化的步伐。
This paper analyzes dynamic bilateral trade liberalization between two large countries. Trade liberalization causes the importable sector of each country to shrink and thereby causes reallocation of labor between sectors. Assuming that each moving worker must pay a fixed adjustment cost, a country has to bear a total adjustment cost which is linear in the amount of moving workers. We derive the most-cooperative, self-enforcing trade liberalization path, and find that in general trade liberalization is gradual. We also find that trade adjustment assistance that compensates workers for relocation out of the protected sector will accelerate the pace of trade liberalization.