Helping Infant Economies Grow: Foundations of Trade Policies for Developing Countries
基于一个包含传统和工业部门的两部门模型,讨论如何通过贸易政策帮助发展中国家(婴儿经济体)实现增长,强调工业部门的创新和溢出效应。
This article discusses how to help infant economies grow and create the foundations of trade policies for developing countries. The information in this article is supported in a two-sector model that defines the industrial sector as the source of innovation and spillovers based on theory, evidence, history, and policy. The model contains both a traditional and an industrial sector. There are four key features to the model including spillovers from the industrial sector to the craft sector, spillovers that are geographically based, innovations that are concentrated in the industrial sector, and size, which is among the important determinants of the pace of innovation in the industrial sector.