Intermediate Goods Trade, Technology Choice and Productivity
2012/04/24
研討會日期 : 2012-04-24
時間 : 14:30
主講人 : Professor Shin-Kun Peng
地點 : Conference Room B110
演講者簡介 : Shin-Kun Peng received his Ph.D. in Regional Science from University of Pennsylvania in 1989. He is currently serving as Distinguished Research Fellow and Director of Institute of Economics at Academia Sinica. His research field is in regional economics, industrial organization and international trade.
演講摘要 : We develop a dynamic model of intermediate goods trade in which the pattern and the extent of intermediate goods trade are endogenous. We consider a small open economy whose final good production employs an endogenous array of intermediate goods, from low technology (high cost) to high technology (low cost). The underlying intermediate goods technology evolves over time. We allow for endogenous markups and consider the effect of trade policy on both the intensive and extensive margins. The existence of trade barriers means that there is a nondegenerate range of intermediate goods that are nontraded. The ranges of imports, exports and nontraded intermediate goods, as well as the entire range of intermediate products used are all endogenously determined. The responses of these ranges, markups and productivity to domestic and foreign trade liberalization are then analyzed.