Can Ageing North Benefit from Expanding Trade with South
Can Ageing North Benefit from Expanding Trade with South
复制标题
老龄化的北方能否从扩大与南方的贸易中受益
DOI:
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发表时间:
2013
期刊:
影响因子:
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通讯作者:
M. Mérette
中科院分区:
文献类型:
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作者:
P. Georges;K. Lisenkova;M. Mérette
In this paper we estimate the benefit for the ageing North countries of diversifying some of its trade away from the other North countries in favour of the South countries. To this end we use a six-region overlapping generations model that takes into account the demographic trends of the 21st century and trade patterns. We show that ageing Northern countries can benefit from “enriching decay” through significant improvement in the terms of trade. We estimate to what extent the enriching decay can be bolstered if the North expands trade with the South. In Europe, for instance, appropriate trade diversification strategy may prop up Europe’s real per capita consumption by 3%. See above See above