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Tariffs, Endogenous Growth, and the Direction of Capital Flows
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Wataru Johdo | - |
dc.date.accessioned | 2023-09-04T00:27:22Z | - |
dc.date.available | 2023-09-04T00:27:22Z | - |
dc.date.issued | 2023-08 | - |
dc.identifier.citation | Seoul Journal of Economics Vol.36 no.3, pp. 306-324 | ko_KR |
dc.identifier.issn | 1225-0279 | - |
dc.identifier.uri | https://hdl.handle.net/10371/195455 | - |
dc.description.abstract | This paper incorporates tariffs into a two-country endogenous
growth model to analyze the growth effects of a unilateral increase in a tariff rate in each country given global knowledge spillovers in research and development. This paper shows that a unilateral increase in the tariff rate of one country lowers the world rate of growth under certain conditions. In addition, this paper shows that if the home countrys initial capital stock is smaller (larger) than the foreign countrys initial capital stock, then net capital flows occur from the foreign (home) country to the home (foreign) country. | ko_KR |
dc.description.sponsorship | Financial support by Tezukayama University and Tokyo Keizai University is gratefully acknowledged. | ko_KR |
dc.language.iso | en | ko_KR |
dc.publisher | Institute of Economic Research, Seoul National University | ko_KR |
dc.subject | Tariff | - |
dc.subject | Knowledge spillover | - |
dc.subject | Industrial location | - |
dc.subject | Growth | - |
dc.subject | R&D investment | - |
dc.title | Tariffs, Endogenous Growth, and the Direction of Capital Flows | ko_KR |
dc.type | SNU Journal | ko_KR |
dc.identifier.doi | 10.22904/sje.2023.36.3.003 | ko_KR |
dc.citation.journaltitle | Seoul Journal of Economics | ko_KR |
dc.citation.endpage | 324 | ko_KR |
dc.citation.number | 3 | ko_KR |
dc.citation.startpage | 306 | ko_KR |
dc.citation.volume | 36 | ko_KR |
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