Technological Leadership and Sustainable Growth in a Bilateral Trade Model
Technological Leadership and Sustainable Growth in a Bilateral Trade Model
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双边贸易模式中的技术领先和可持续增长
DOI：
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发表时间：
2008
期刊：
影响因子：
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通讯作者：
M. P. Martínez
中科院分区：
文献类型：
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作者：
F. Cabo;G. Martín;M. P. Martínez
本文建立了一个技术领先国家和开发可再生自然资源的发展中国家的贸易模型。技术通过外国直接投资从技术领先者扩散到发展中国家。另外，也可以在发展中经济体开展创新活动。我们证明了一个均衡路径的存在性和唯一性，沿着这两个国家以相同的速度增长，保持在一个恒定的水平的自然资源存量。证明了该平衡点的鞍点性质，并进行了灵敏度分析。比较了两种情景下的稳态增长率和消费量，并分析了资源丰度的影响。
This paper develops a trade model for a technologically leading country and a developing country that exploits a renewable natural resource. Technology diffuses from the technological leader to the developing country through foreign direct investment (FDI). Alternatively, innovative activities can also be carried out in the developing economy. We prove the existence and uniqueness of an equilibrium path along which both countries grow at the same rate, maintaining the natural-resource stock at a constant level. The saddle-point property for this equilibrium is proved and a sensitivity analysis is carried out. The steady-state growth rate and consumption under both scenarios are compared and the effect of resource abundance analyzed.