回顾:亚当·斯密对贸易引力模型的发现

Retrospectives: Adam Smith's Discovery of Trade Gravity

Journal of Economic Perspectives · 2018
被引 14
人大 A-ABS 4

中文导读

发现亚当·斯密在《国富论》中最早提出了贸易引力理论,该理论将贸易规模与经济规模和距离联系起来,并解释了贸易壁垒的影响。

Abstract

The gravity equation is a current workhorse of empirical trade theory. It is generally acknowledged that this theory, which relates the extent of trade between countries to their respective sizes, distances, and relative trade barriers, was first developed by Jan Tinbergen in 1962. Acceptance of the gravity model as part of the discipline's core was limited by its scant theoretical foundation for the first 40 years of its existence. This paper finds that a theory of trade gravity was first developed by Adam Smith in The Wealth of Nations. Moreover, it is shown that Smith's statement of a proportional relation between economic size and distance came about as an application of his general theory of differential capital productivity in different economic sectors, and his elaboration of a theory of the gains from trade originated by David Hume. It is further shown that Smith had an explanation of the size of border affects in trade volumes, and a gravity theory of trade restrictions.

亚当·斯密贸易引力距离贸易限制