An Uzawa-Oniki-Uzawa Dynamic Two-Country Model of International Trade: Back to Heckscher and Ohlin

An Uzawa-Oniki-Uzawa Dynamic Two-Country Model of International Trade: Back to Heckscher and Ohlin
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国际贸易的 Uzawa-Oniki-Uzawa 动态两国模型:回到 Heckscher 和 Ohlin

DOI:
10.1007/s00199-005-0005-2
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发表时间:
2004
期刊:
影响因子:
1.3
通讯作者:
Koji Shimomura
Koji Shimomura
中科院分区:
经济学3区
文献类型:
--
作者:
Been;K. Nishimura;Koji Shimomura

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本文提出了一个具有内生时间偏好的动态两国国际贸易模型。我们发现,如果两国有相似的偏好,生产技术和劳动力禀赋,存在一个独特的和稳定的稳态,消费和投资产品都在两国生产。与时间偏好不变的情况不同,稳态与资本的初始国际分配无关。我们证明了一个动态的赫克歇尔-俄林定理,使得劳动力丰富的国家出口劳动密集型产品。·这篇论文仍然非常初步和不完整。未经作者允许,请勿引用。
We present a dynamic two-country model of international trade with endogenous time preference. We show that if the two countries have similar preferences, production technologies, and labor endowments, there exists a unique and stable steady state such that both consumption and investment goods are produced in both countries. Unlike the case of constant time preferences, the steady state is independent of the initial international distribution of capital. We prove a dynamic Heckscher-Ohlin theorem such that the labor-abundant country exports the labor-intensive good. • The paper is still very preliminary and incomplete. Please do not quote without the authors’ permission.