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  1. A450 国際経済政策研究センター
  2. A450b 紀要
  3. Economic Research Center Discussion Paper E-Series

A Two-country Model of Public Infrastructure Capital : Trade Patterns and Trade Gains in the Long Run

http://hdl.handle.net/2237/00030670
http://hdl.handle.net/2237/00030670
71de5722-5c6b-4a44-bee5-2807ff7117c7
名前 / ファイル ライセンス アクション
E19-8.pdf E19-8.pdf (241.1 kB)
Item type 紀要論文 / Departmental Bulletin Paper(1)
公開日 2019-09-09
タイトル
タイトル A Two-country Model of Public Infrastructure Capital : Trade Patterns and Trade Gains in the Long Run
言語 en
著者 Yanase, Akihiko

× Yanase, Akihiko

WEKO 93264

en Yanase, Akihiko

Search repository
Tawada, Makoto

× Tawada, Makoto

WEKO 93265

en Tawada, Makoto

Search repository
アクセス権
アクセス権 open access
アクセス権URI http://purl.org/coar/access_right/c_abf2
キーワード
主題Scheme Other
主題 Public infrastructure capital
キーワード
主題Scheme Other
主題 Two-country trade
キーワード
主題Scheme Other
主題 Trade pattern
キーワード
主題Scheme Other
主題 Gains/losses from trade
キーワード
主題Scheme Other
主題 Terms-of-trade effect
抄録
内容記述 This study develops a two-country dynamic trade model with public infrastructure capital that has a positive effect on private sector productivity. Under the assumptions that welfare-maximizing national governments determine the paths of production taxes for financing public investment and that infrastructure has an "unpaid factor" property, this study examines the economy's trade pattern and the long-run effects of trade. If governments take world prices as given when they make public investments, a country with a smaller labor endowment, a lower depreciation rate for infrastructure capital stock, and/or a lower rate of time preference will become an exporter of a good that is more dependent on public infrastructure and will unambiguously gain from trade, whereas its trading partner may lose from trade. In the case of strategic governments that recognize the effect on the terms of trade when they determine their policy paths, the country exporting (importing) the good that is more dependent on the stock of public infrastructure will underaccumulate (overaccumulate) infrastructure in the long run.
言語 en
内容記述タイプ Abstract
内容記述
内容記述 This work has been financially supported by Japan Society for the Promotion of Science (JSPS) Grant-in-Aid for Scientific Research (B) (No. 16H03612), (C) (No.17K03730), and Fund for the Promotion of Joint International Research (No. 16KK0079).
言語 en
内容記述タイプ Other
出版者
言語 ja
出版者 名古屋大学大学院経済学研究科附属国際経済政策研究センター
言語
言語 eng
資源タイプ
資源 http://purl.org/coar/resource_type/c_6501
タイプ departmental bulletin paper
出版タイプ
出版タイプ VoR
出版タイプResource http://purl.org/coar/version/c_970fb48d4fbd8a85
書誌情報 en : Economic Research Center Discussion Paper

号 E19-8, p. 1-36, 発行日 2019-08
著者版フラグ
値 publisher
シリーズ
関連名称 E-Series;E19-8
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