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INTERNATIONAL TRADE AND INDUSTRIALIZATION WITH CAPITAL ACCUMULATION AND SKILL ACQUISITION

机译:资本积累和技能获取的国际贸易和工业化

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摘要

In this paper we develop a small open economy three-sector model of semi-endogenous growth that consists of an agricultural sector, a manufacturing sector and a skill-producing sector, and we analyze the relationship between specialization processes and economic growth. The main results are as follows: (ⅰ) for the sustainability of complete specialization in manufacturing, the growth rate of the population at home must exceed that in the ROW; (ⅱ) it is possible that an economy that is scarce in both capital stock and skills industrializes by delaying the time when it switches from autarky to free trade; and (ⅲ) under free trade, an economy that is abundant in capital stock (skills) but scarce in skills (capital stock) is likely to asymptotically specialize in agriculture.
机译:在本文中,我们建立了一个半开放式的半内生型半开放式经济三部门模型,该模型由农业部门,制造业部门和技能生产部门组成,并分析了专业化过程与经济增长之间的关系。主要结果如下:(ⅰ)为了实现制造业完全专业化的可持续性,国内人口的增长率必须超过世界银行的增长率; (ⅱ)资本存量和技能都匮乏的经济有可能通过延迟从自给自足转向自由贸易的时间而实现工业化; (ⅲ)在自由贸易下,资本存量(技能)丰富但技能(资本存量)稀缺的经济很可能会渐进地专攻农业。

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