Balanced and Unbalanced Growth
Balanced and Unbalanced Growth
批准号:
9121217
负责人:
James Rauch
金额:
$8.34万
依托单位国家:
美国
项目类别:
Standard Grant
财政年份:
1992
资助国家:
美国
项目状态:
已结题
起止时间:
1992-07-01 至 1995-06-30
中文摘要
一种适合于研究的内生增长机制 发展部门或区域互动。 的效果 消费和生产之间的联系 部门进行了评估,并显示如何高价值放在 经济历史学家的生产联系可能与 高度重视开放性(往往意味着缺乏联系) 当代欠发达国家的观察员。 也是 显示了部门或地区如何通过以下方式在稳定状态之外相互作用: 产品和劳动力市场,特别是如果前者 互动主导一个部门可以成为“增长引擎” 沿着另一个,而如果后者的相互作用占主导地位, 一个部门或地区繁荣,而另一个部门或地区衰落。 通过建立在这些结果,它表明,为什么自由化的 对外贸易要由低到高 稳定的增长率,为什么在这个过程中, 转型初期,增长可能比以前更慢 自由化 在此基础上,重新解读1973年后 智利的经济表现。 的申请 以前分离的地区或国家的经济一体化 表明,如果一个地区的增长率最高, 是允许下降,并提供廉价劳动力的来源, 其他地区。 这项研究将对以下方面作出重要贡献: 我们对部门或区域互动的理解, 在经济增长过程中的一体化。
英文摘要
A mechanism of endogenous growth suitable for investigation of sectoral or regional interaction is developed. The effects on steady state growth of consumption and production linkages between sectors are assessed, and it is shown how the high value placed on production linkages by economic historians might be reconciled with the high value placed on openness (often implying lack of linkages) by observers of contemporary less developed countries. It is also shown how sectors or regions interact out of steady state through both product and labor markets, and in particular how if the former interaction dominates one sector can be an "engine of growth" pulling along the other, while if the latter interaction dominates one sector or region booms while the other declines. By building on these results it is shown why liberalization of foreign trade should lead to a transition from a lower to a higher steady state growth rate and why, during the course of this transition, growth might initially be even slower than before liberalization. On this basis a reinterpretation of the post-1973 economic performance of Chile is offered. An application to economic integration of previously separate regions or countries shows that the largest growth effects are to be had if one region is allowed to decline and provide a source of cheap labor for the other region. This study would make an important contribution to our understanding of sectoral or regional interaction in response to economic integration during the growth process.
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海外基金