Please use this identifier to cite or link to this item:
http://hdl.handle.net/10397/93348
DC Field | Value | Language |
---|---|---|
dc.contributor | School of Accounting and Finance | en_US |
dc.creator | Marjit, S | en_US |
dc.creator | Xu, X | en_US |
dc.creator | Yang, L | en_US |
dc.date.accessioned | 2022-06-21T08:22:03Z | - |
dc.date.available | 2022-06-21T08:22:03Z | - |
dc.identifier.uri | http://hdl.handle.net/10397/93348 | - |
dc.language.iso | en | en_US |
dc.publisher | JAI | en_US |
dc.rights | © 2018 Elsevier Inc. All rights reserved. | en_US |
dc.rights | © 2018. This manuscript version is made available under the CC-BY-NC-ND 4.0 license https://creativecommons.org/licenses/by-nc-nd/4.0/ | en_US |
dc.rights | The following publication Marjit, S., Xu, X., & Yang, L. (2019). Productivity enhancing trade through local fragmentation. International Review of Economics & Finance, 60, 292-301 is available at https://doi.org/10.1016/j.iref.2018.10.014 | en_US |
dc.subject | Entrepreneurship | en_US |
dc.subject | Productivity | en_US |
dc.subject | Trade liberalization | en_US |
dc.subject | Vertical separation | en_US |
dc.title | Productivity enhancing trade through local fragmentation | en_US |
dc.type | Journal/Magazine Article | en_US |
dc.identifier.spage | 292 | en_US |
dc.identifier.epage | 301 | en_US |
dc.identifier.volume | 60 | en_US |
dc.identifier.doi | 10.1016/j.iref.2018.10.014 | en_US |
dcterms.abstract | Mechanisms linking trade and productivity are rarely discussed in well accepted trade-theoretic literature although such a link is critical especially for understanding how trade helps developing countries. We restructure the standard neo-classical model of trade to provide a clear mechanism that leads to productivity enhancement in the export sector. As trade in labor-abundant countries reduces the real return to capital due to Stolper-Samuelson hypothesis, entrepreneurs find it easier to establish new businesses as capital costs decline. A section of workers becomes entrepreneurs producing and supplying cheaper intermediate goods to the export sector. Expanding export sector helps such a process, whereas contracting import-competing sector does not. New entrepreneurs boost the productivity of the export sector by supplying low-cost input. Here a boost in entrepreneurship induced by a decline in capital cost increases productivity of the export sector. Thus, this paper establishes a different and novel link between trade and productivity. | en_US |
dcterms.accessRights | open access | en_US |
dcterms.bibliographicCitation | International review of economics and finance, Mar. 2019, v. 60, p. 292-301 | en_US |
dcterms.isPartOf | International review of economics and finance | en_US |
dcterms.issued | 2019-03 | - |
dc.identifier.scopus | 2-s2.0-85057138310 | - |
dc.identifier.eissn | 1059-0560 | en_US |
dc.description.validate | 202206 bcfc | en_US |
dc.description.oa | Accepted Manuscript | en_US |
dc.identifier.FolderNumber | AF-0103 | - |
dc.description.fundingSource | Self-funded | en_US |
dc.description.pubStatus | Published | en_US |
dc.identifier.OPUS | 25762561 | - |
Appears in Collections: | Journal/Magazine Article |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Xu_Productivity_Enhancing_Trade.pdf | Pre-Published version | 1.28 MB | Adobe PDF | View/Open |
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