Evolving comparative advantage, sectoral linkages, and structural change

被引:22
|
作者
Sposi, Michael [1 ,2 ]
机构
[1] Southern Methodist Univ, Dept Econ, 3300 Dyer St, Dallas, TX 75275 USA
[2] Fed Reserve Bank Dallas, Res Dept, 2200 N Pearl St, Dallas, TX 75204 USA
关键词
Input-output; Structural change; International trade; TRADE; GROWTH; WORLD; MACROECONOMICS; TRANSFORMATION; PRODUCTIVITY; FACTS; MODEL;
D O I
10.1016/j.jmoneco.2018.08.003
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Intermediate-input intensities vary systematically with economic development across countries. These cross-country differences in input-output linkages account for 74% of the curvature in the hump shape in industry's share in value added across levels of income per capita. This is twice as much as can be accounted for by variation in the composition of final demand. Using a three-sector, open-economy model of structural change I find that this result is robust to general equilibrium effects. (C) 2018 Elsevier B.V. All rights reserved.
引用
收藏
页码:75 / 87
页数:13
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