An Uzawa-Oniki-Uzawa Dynamic Two-Country Model of International Trade: Back to Heckscher and Ohlin
2005/09/06
研討會日期 : 2005-09-06
時間 : 17:00
主講人 : Prof. Chen, Been-Lon
地點 : B棟110室
演講者簡介 : Prof. Chen, Been-Lon 為Ph.D. in Economics，University of California at Los Angeles (1991)。
現為本所研究員兼副所長。
其主要研究領域為Macroeconomics、Economic Growth及Industrial Economics。
演講摘要 : 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.
