A Two-country, Three-commodity Ricardian Trade Model with Keynesian Unemployment
A Two-country, Three-commodity Ricardian Trade Model with Keynesian Unemployment
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具有凯恩斯主义失业率的两国、三种商品李嘉图贸易模型
DOI：
10.1111/meca.12320
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发表时间：
2021
期刊：
影响因子：
1.3
通讯作者：
Hideo Sato
中科院分区：
文献类型：
--
作者：
岡本 基;山下 智志;久保庭眞彰;前川功一;Hideo Sato
传统的贸易模型要么假设充分就业，要么假设劳动力市场不完美，并将失业归因于不完美。不用说，由于有效需求不足而导致的凯恩斯式失业并没有被考虑在内。在本文中，我们的两国三商品贸易模型在给定生产技术、劳动力禀赋和有效需求的情况下，同时决定了各国的国际分工格局、商品贸易条件、相对工资率和就业数量。此外，该模型还论证了在面对需求变化时，两国共同生产的联系商品和价格不变的数量调整的重要性。
Conventional trade models either assume full employment or suppose imperfect labor markets and attribute unemployment to the imperfectness. Needless to say, Keynesian unemployment arising from a shortage of effective demand has not been considered. In this paper, our two‐country, three‐commodity trade model determines patterns of the international division of labor, commodity terms of trade, relative wage rates and employment quantities in each country simultaneously, given the production techniques, labor endowments and effective demand. Furthermore, the model argues the significance of link commodities commonly produced in both countries and quantity adjustments without price changes in the face of demand changes.