We analyze a world economy composed of a continuum of small countries producing two final goods, the learning-by-doing potentials of which differ significantly. In autarky, there are intersectoral knowledge spillovers. A steady-state equilibrium common to all countries exists, in which both goods are produced. The growth rate is related to the share of the leading sector in the economy. With trade, in the absence of international spillovers, the growth rates of the trading countries differ according to their comparative advantage. Both dynamic gains and losses from trade may be present. We explore the possibility of international transmission of knowledge. It generates convergence of long run growth rates across countries, with the duration of such convergence being a decreasing function of the intensity of the international spillovers.

“International Trade and Uneven Growth: A Model with Intersectoral Spillovers of Knowledge” / Murat, Marina Giovanna; Pigliaru, F.. - In: THE JOURNAL OF INTERNATIONAL TRADE ECONOMIC DEVELOPMENT. - ISSN 0963-8199. - STAMPA. - 7:2:(1998), pp. 221-236.

“International Trade and Uneven Growth: A Model with Intersectoral Spillovers of Knowledge”

MURAT, Marina Giovanna;
1998-01-01

Abstract

We analyze a world economy composed of a continuum of small countries producing two final goods, the learning-by-doing potentials of which differ significantly. In autarky, there are intersectoral knowledge spillovers. A steady-state equilibrium common to all countries exists, in which both goods are produced. The growth rate is related to the share of the leading sector in the economy. With trade, in the absence of international spillovers, the growth rates of the trading countries differ according to their comparative advantage. Both dynamic gains and losses from trade may be present. We explore the possibility of international transmission of knowledge. It generates convergence of long run growth rates across countries, with the duration of such convergence being a decreasing function of the intensity of the international spillovers.
7:2
221
236
“International Trade and Uneven Growth: A Model with Intersectoral Spillovers of Knowledge” / Murat, Marina Giovanna; Pigliaru, F.. - In: THE JOURNAL OF INTERNATIONAL TRADE ECONOMIC DEVELOPMENT. - ISSN 0963-8199. - STAMPA. - 7:2:(1998), pp. 221-236.
Murat, Marina Giovanna; Pigliaru, F.
File in questo prodotto:
File Dimensione Formato  
publication JITED.pdf

Accesso riservato

Tipologia: Versione dell'autore revisionata e accettata per la pubblicazione
Dimensione 748.83 kB
Formato Adobe PDF
748.83 kB Adobe PDF   Visualizza/Apri   Richiedi una copia
Pubblicazioni consigliate

Licenza Creative Commons
I metadati presenti in IRIS UNIMORE sono rilasciati con licenza Creative Commons CC0 1.0 Universal, mentre i file delle pubblicazioni sono rilasciati con licenza Attribuzione 4.0 Internazionale (CC BY 4.0), salvo diversa indicazione.
In caso di violazione di copyright, contattare Supporto Iris

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11380/584998
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 7
  • ???jsp.display-item.citation.isi??? ND
social impact