Overcoming Informational Barriers to International Resource Allocation: Prices and Group Ties

Overcoming Informational Barriers to International Resource Allocation: Prices and Group Ties
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克服国际资源配置的信息障碍:价格和群体联系

DOI:
10.3386/w6628
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发表时间:
1998
期刊:
IO: Theory eJournal
影响因子:
--
通讯作者:
A. Casella
A. Casella
中科院分区:
--
文献类型:
--
作者:
James E. Rauch;A. Casella

文献摘要

被引文献

相似文献

国际市场上的不完全信息造成难以将代理人与生产机会相匹配,并干扰了价格在各国间分配稀缺资源的能力。资源价格差异可能无法消除,国内资源供应可能对国内资源价格产生过度影响。分散在世界各地的少数民族或商业团体之间的信息共享网络可以改善资源的分配,但同时也可能伤害那些被排除在优先信息渠道之外的人。然而,当资源价格差异小的国家之间的联系比资源价格差异大的国家之间的联系更紧密时,这种网络可能会恶化资源配置,降低世界产出的价值。
Incomplete information in the international market creates difficulty in matching agents with productive opportunities and interferes with the ability of prices to allocate scarce resources across countries. Resource-price differentials may not be eliminated and domestic resource supplies may have excessive influence on domestic resource prices. Information-sharing networks among internationally dispersed ethnic minorities or business groups can improve the allocation of resources, though at the same time they may hurt those excluded from the preferential information channels. However, when ties are denser between countries with small resource price differences than between countries with large resource price differences, such networks can worsen the allocation of resources and reduce the value of world output.