학술논문
Trade Liberalization, International Relocation of Firms, and Economic Growth
이용수 7
- 영문명
- 발행기관
- 세종대학교 경제통합연구소
- 저자명
- Wataru Johdo
- 간행물 정보
- 『Journal of Economic Integration』제39권 제2호, 508~523쪽, 전체 16쪽
- 주제분류
- 경제경영 > 경제학
- 파일형태
- 발행일자
- 2024.06.01
4,720원
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국문 초록
This paper presents a framework for understanding the role of global tariff rate reductions in affecting the world growth rate, given knowledge spillovers in research and development (R&D) and the relocation of firms. In particular, we highlight one aspect of the model: the international relocation of firms associated with a reduction in world tariff rates. This paper shows that, given the spillover effect of localized R&D knowledge, a simultaneous multilateral reduction in the common tariff rate increases the world growth rate through the relocation of firms.
영문 초록
목차
I. Introduction
II. Model Structure
III. Firm Sizes and Locations
IV. R&D Sector with Local Spillovers
V. Impact of Tariff Reductions
VI. Welfare Analysis
VII. Conclusion
References
해당간행물 수록 논문
- Financial Openness and Trade (Real) Openness: Should We Open Up Both Markets?
- Financial Integration of the European, North America, Asiatic and Japanese Stock Markets from 2003 to Present Times
- Trade Liberalization, International Relocation of Firms, and Economic Growth
- The Relationship between Financial Development and Economic Growth in EU Member Countries: Sub-Group Estimation Based on the Countries’ Level of Development
- The Impacts of Financial Market, Trade and Economic Policy Uncertainties on the Import Performance of Advanced Economies
- Financial Inclusion, Globalization and Structural Transformation in Developing Countries: A Finite Mixture-of-Regressions Approach
- Do Institutions Trump Everything Else?: The Essay of Rodrik et al. (2004) Revisited
- The Inflation-Inequality Connection in the European Union: U-Turn to Equity?
- Impact of COVID-19 Crisis on Volatility Spillovers across Global Financial Markets: Evidence from Asymmetric GARCH Models
- The Prospect of the GCC Monetary Union and its Expansion to Other MENA Countries
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