Diffusion of Countries Growth Through Specialization and Trade of Intermediate Inputs
The purpose of this paper is to contribute from a theoretical point of view to analyze the influence that trade between countries may have to enhance the growing possibilities of the world. We ask ourselves if it is possible to transmit from one country to another its sustained growth rate through trade. The answer that we found is that indeed it is possible when they trade in intermediate goods inputs. Our analysis identify a new element as a potential engine for one country growth, that is trading, which is not related to the total factor productivity of that country, but to some other trading partner's factor productivity. Hence we may need to consider trading relations among countries to explain the influence of some countries growth rates, say the leader countries, on some others countries development, which do not experience productivity gains in their factors of production. We analyze this question in the framework of the Ventura's (1997) model.
|Date of creation:||01 Aug 2000|
|Date of revision:|
|Contact details of provider:|| Phone: 1 212 998 3820|
Fax: 1 212 995 4487
Web page: http://www.econometricsociety.org/pastmeetings.asp
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bayoumi, Tamim & Coe, David T. & Helpman, Elhanan, 1999.
"R&D spillovers and global growth,"
Journal of International Economics,
Elsevier, vol. 47(2), pages 399-428, April.
- Bayoumi, Tamim & Coe, David T & Helpman, Elhanan, 1996. "R&D Spillovers and Global Growth," CEPR Discussion Papers 1467, C.E.P.R. Discussion Papers.
- Bayoumi, T. & Coe, D.T. & Helpman, E., 1996. "R&D Spillovers and Global Growth," Papers 14-96, Tel Aviv.
- Tamim Bayoumi & Elhanan Helpman & David T. Coe, 1996. "R&D Spillovers and Global Growth," IMF Working Papers 96/47, International Monetary Fund.
- Tamim Bayoumi & David T. Coe & Elhanan Helpman, 1996. "R&D Spillovers and Global Growth," NBER Working Papers 5628, National Bureau of Economic Research, Inc.
- Coe, D.T. & Helpman, E., 1993.
"International R&D Spillovers,"
5-93, Tel Aviv.
- Baxter, Marianne, 1992.
"Fiscal Policy, Specialization, and Trade in the Two-Sector Model: The Return of Ricardo?,"
Journal of Political Economy,
University of Chicago Press, vol. 100(4), pages 713-44, August.
- Marianne Baxter, 1991. "Fiscal policy, specialization, and trade in the two-sector model: the return of Ricardo?," Discussion Paper / Institute for Empirical Macroeconomics 56, Federal Reserve Bank of Minneapolis.
- T. W. Swan, 1956. "ECONOMIC GROWTH and CAPITAL ACCUMULATION," The Economic Record, The Economic Society of Australia, vol. 32(2), pages 334-361, November.
- Stokey, Nancy L, 1996. " Free Trade, Factor Returns, and Factor Accumulation," Journal of Economic Growth, Springer, vol. 1(4), pages 421-47, December.
- Stiglitz, Joseph E, 1970. "Factor Price Equalization in a Dynamic Economy," Journal of Political Economy, University of Chicago Press, vol. 78(3), pages 456-88, May-June.
- Swan, Trevor W, 2002. "Economic Growth," The Economic Record, The Economic Society of Australia, vol. 78(243), pages 375-80, December.
When requesting a correction, please mention this item's handle: RePEc:ecm:wc2000:1119. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum)
If references are entirely missing, you can add them using this form.