Trade, Structural Transformation, and Development: Evidence from Argentina 1869–1914

Trade, Structural Transformation, and Development: Evidence from Argentina 1869–1914
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DOI:
10.1086/718915
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发表时间:
2014-06
影响因子:
8.2
通讯作者:
Pablo D. Fajgelbaum;S. Redding
Pablo D. Fajgelbaum;S. Redding
中科院分区:
经济学1区
文献类型:
--
作者:
Pablo D. Fajgelbaum;S. Redding

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我们以阿根廷在19世纪后期融入世界经济为例,为结构转型和经济发展中外部和内部一体化的作用提供了新的理论和证据。我们的理论模型为空间Balassa-Samuelson效应提供了微观基础,在该效应中,靠近世界市场的地区具有更高的人口密度、城市人口份额、非贸易商品的相对价格和相对于工资的土地价格,以及专门从事运输成本敏感的贸易商品。我们对模型的参数进行了估计,为这种空间Balassa-Samuelson机制提供了支持证据,并发现外部和内部一体化对经济发展都有实质性的影响。
We provide new theory and evidence on the role of external and internal integration in structural transformation and economic development, using Argentina’s integration into the world economy in the late nineteenth century. Our theoretical model provides microfoundations for a spatial Balassa-Samuelson effect, in which locations closer to world markets have higher population densities, urban population shares, relative prices of nontraded goods, and land prices relative to wages, as well as specializing in traded goods that are transport-cost sensitive. We estimate the model’s parameters, provide evidence in support of this spatial Balassa-Samuelson mechanism, and find substantial effects of both external and internal integration on economic development.