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The role of trade in structural tran...

Teignier Baque, Marc.

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The role of trade in structural transformation.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The role of trade in structural transformation./
Author:	Teignier Baque, Marc.
Description:	95 p.
Notes:	Source: Dissertation Abstracts International, Volume: 71-07, Section: A, page: 2572.
Contained By:	Dissertation Abstracts International71-07A.
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3408605
ISBN:	9781124049434

The role of trade in structural transformation.
Teignier Baque, Marc.

The role of trade in structural transformation. - 95 p.

Source: Dissertation Abstracts International, Volume: 71-07, Section: A, page: 2572.

Thesis (Ph.D.)--The University of Chicago, 2010.

This dissertation examines the effects of international trade on structural transformation and economic growth. In chapter 2, I introduce international trade into a neoclassical growth model with two sectors, agriculture and nonagriculture. A key feature of the model is the low-income elasticity of the agricultural good. As a consequence, in the closed economy model, as countries get richer, labor moves out of agriculture and into the other sector. International trade can accelerate this transition for countries with low agricultural productivity because it allows them to import food and thus reduce their agricultural employment. In chapters 3, 4 and 5 I calibrate and simulate the model to show it can match three different structural transformations: the United States in the 20th century, the United Kingdom in the 19th century, and South Korea for nearly the last 50 years. The results show that trade had large effects in the United Kingdom, and smaller but positive effects in South Korea. Agricultural production subsidies and agricultural import tariffs reduced the role of trade in South Korea. Without these policies, the volume of trade would have been larger and the country would have experienced a faster transformation as well as higher real income growth and higher welfare.

ISBN: 9781124049434Subjects--Topical Terms:

1017424
Economics, General.

The role of trade in structural transformation.
LDR:02335nam 2200325 4500 001 1395069
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020 $a 9781124049434
035 $a (UMI)AAI3408605
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100 1 $a Teignier Baque, Marc. $3 1673728
245 1 4 $a The role of trade in structural transformation.
300 $a 95 p.
500 $a Source: Dissertation Abstracts International, Volume: 71-07, Section: A, page: 2572.
500 $a Adviser: Robert E. Lucas, Jr.
502 $a Thesis (Ph.D.)--The University of Chicago, 2010.
520 $a This dissertation examines the effects of international trade on structural transformation and economic growth. In chapter 2, I introduce international trade into a neoclassical growth model with two sectors, agriculture and nonagriculture. A key feature of the model is the low-income elasticity of the agricultural good. As a consequence, in the closed economy model, as countries get richer, labor moves out of agriculture and into the other sector. International trade can accelerate this transition for countries with low agricultural productivity because it allows them to import food and thus reduce their agricultural employment. In chapters 3, 4 and 5 I calibrate and simulate the model to show it can match three different structural transformations: the United States in the 20th century, the United Kingdom in the 19th century, and South Korea for nearly the last 50 years. The results show that trade had large effects in the United Kingdom, and smaller but positive effects in South Korea. Agricultural production subsidies and agricultural import tariffs reduced the role of trade in South Korea. Without these policies, the volume of trade would have been larger and the country would have experienced a faster transformation as well as higher real income growth and higher welfare.
590 $a School code: 0330.
650 4 $a Economics, General. $3 1017424
650 4 $a Economics, Agricultural. $3 626648
650 4 $a Economics, History. $3 1017418
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690 $a 0503
690 $a 0509
710 2 $a The University of Chicago. $b Economics. $3 1672980
773 0 $t Dissertation Abstracts International $g 71-07A.
790 1 0 $a Lucas, Robert E., Jr., $e advisor
790 1 0 $a Stokey, Nancy $e committee member
790 1 0 $a Chaney, Thomas $e committee member
790 1 0 $a Kortum, Samuel $e committee member
790 $a 0330
791 $a Ph.D.
792 $a 2010
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3408605