Modeling inter‐sectoral growth linkages: An application to U.S. agriculture
利用一般均衡和开放经济贸易理论，结合美国农业时间序列数据，分析农业供给、要素回报及其与整体经济的关联，发现相对要素密集度影响产出扩张和要素回报，服务业价格上涨对农业有较大负面影响。
Abstract General equilibrium and open economy trade theory are used along with time series data on the U.S. agricultural sector to provide insights into the structure of agricultural supply, factor returns and linkages to the rest of the economy. Output expansion and factor returns are found to vary depending on relative factor intensities, which we refer to as Rybczynski and Stolper‐Samuelson like effects. The effect of the rest of the economy, particularly the increase in price of services, is found to have relatively large negative impacts on agriculture. The short‐run effects of prices and factor endowments on growth in agricultural supply and factor returns are dominated by the long‐run effects of technological change.