Does globalization foster economic growth?

Morita, Tadashi; Takatsuka, Hajime; Yamamoto, Kazuhiro

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論文情報

タイトル	Does globalization foster economic growth?
著者	Morita, Tadashi Morita, Tadashi
	Takatsuka, Hajime Takatsuka, Hajime
	Yamamoto, Kazuhiro Yamamoto, Kazuhiro
キーワード等	trade costs
	affiliation costs
	growth rates
	innovation sector
抄録	This article focuses on two distinct faces of globalization: the decreasein trade costs of goods and the decline of affiliation costs of joint venturesby foreign firms with local firms. The decrease of affiliation costs drivesrelocation of firms from the North to the South. When the market size ofthe North is relatively small (resp. large), the growth rate monotonouslydecreases (resp. first decreases and rises after this) with a decline ofaffiliation costs. In the case of lowering trade costs, the firm share in theNorth evolves as a U-shaped curve (resp. monotonously increases) whenthe market size of the North is relatively small (resp. large). Growthrates are raised with agglomeration in the North. Finally, we presentsome welfare implications.
公開者	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
掲載誌名	Discussion Papers In Economics And Business
巻	12-11
刊行年月	2012-06
URL	http://hdl.handle.net/11094/13408
関連情報 (references)	http://www2.econ.osaka-u.ac.jp/library/global/dp/1211.pdf
言語	英語

著者版フラグ	none
NII資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
dcmi資源タイプ	text
DCTERMS.bibliographicCitation	Discussion Papers In Economics And Business.12-11
DC.title	Does globalization foster economic growth?
DC.creator	Morita, Tadashi
	Takatsuka, Hajime
	Yamamoto, Kazuhiro
DC.publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
DC.language" scheme="DCTERMS.RFC1766	英語
DCTERMS.issued" scheme="DCTERMS.W3CDTF	2012-06
DC.identifier" scheme="DCTERMS.URI	http://hdl.handle.net/11094/13408
DC.subject	trade costs
	affiliation costs
	growth rates
	innovation sector
DCTERMS.abstract	This article focuses on two distinct faces of globalization: the decreasein trade costs of goods and the decline of affiliation costs of joint venturesby foreign firms with local firms. The decrease of affiliation costs drivesrelocation of firms from the North to the South. When the market size ofthe North is relatively small (resp. large), the growth rate monotonouslydecreases (resp. first decreases and rises after this) with a decline ofaffiliation costs. In the case of lowering trade costs, the firm share in theNorth evolves as a U-shaped curve (resp. monotonously increases) whenthe market size of the North is relatively small (resp. large). Growthrates are raised with agglomeration in the North. Finally, we presentsome welfare implications.
citation_title	Does globalization foster economic growth?
citation_author	Morita, Tadashi
	Takatsuka, Hajime
	Yamamoto, Kazuhiro
citation_publisher	Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
citation_language	英語
citation_date	2012-06
citation_journal_title	Discussion Papers In Economics And Business
citation_volume	12-11
citation_public_url	http://hdl.handle.net/11094/13408
citation_keywords	trade costs
	affiliation costs
	growth rates
	innovation sector

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