Development Accounting and International Trade

Ishise, Hirokazu

Institute of Social and Economic Research Discussion Papers, 2015, 944, 1-31

アクセス数:171件（2025-07-13 22:50 集計）

固定URL: https://hdl.handle.net/11094/52394

論文情報

ファイル出力 EndNote Basic出力 Mendeley出力

タイトル
Development Accounting and International Trade
著者
著者名
Ishise, Hirokazu
キーワード等
Development accounting
Total factor productivity
Cross-country income differences
Ricardian trade model
Gains from trade
General equilibrium effects
抄録
Development accounting shows that a significant part of cross-country income differences is attributed to differences in total factor productivity (TFP), but the sources of TFP differences are not well understood. This paper considers the role of international trade to explain cross-country income differences in TFP. By using a multi-country Ricardian trade model, I distinguish trade costs and trade policy factors from a pure technology factor in TFP. Under the baseline parameterization, my model shows that conventional TFP measures overestimate fundamental productivity differences by 30%. I then show that trade costs significant influence welfare: small European countries enjoy 10{15% higher welfare through their proximity to larger and more productive neigh-boring countries, while Oceanian and countries in southern Africa suffer from 10{20% lower welfare due to their remoteness. Trade policy also has impacts: tariffs decrease welfare by 1{10%, while free-trade agreements increase welfare by 1{5%. These gains from trade are considerably smaller if general equilibrium effects are not considered.
出版者
The Institute of Social and Economic Research, Osaka University
収録物名
Institute of Social and Economic Research Discussion Papers
巻(号)
944
ページ
1-31
刊行年月
2015-08
言語
英語
ハンドルURL
https://hdl.handle.net/11094/52394
関連情報 (references)
URI
https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2015/DP0944.pdf
アクセス権
metadata only access
カテゴリ
ディスカッション／ワーキング・ペーパー DP/WP
Institute of Social and Economic Research Discussion Papers