研討日期

2008112210:20 ~ 11:40

研討地點

台大社會科學院經濟系會議室

題目

A Factor-Proportions Theory of Endogenous Firm Heterogeneity

作者

Taiji Furusawa and Hitoshi Sato

文獻出處

Working Paper

報告人

Taiji Furusawa

參加人員

古沢泰治、細倉昌子、黃鴻、徐則謙、黃瑞萌、林晏如、吳芝文、王佳琪、曾靜枝、陳金盛、蔡明芳、張志偉、周冰瑤、陳宏易

摘要

In the model where the technological choice by firms endogenously determines productivity differences, we investigate the link between factor endowments and productivities both in the firm and industry levels. We find among others that in autarky, firms in capital-abundant countries tend to adopt new advanced technologies more in their production processes. Opening to international trade will equalize factor prices across countries and as a result productivity differences across countries disappear, if their states of technologies are the same. If the states of technologies are different, on the other hand, the country with a higher state of technology has a lower wage-rental ratio than the other. We argue that the capital-abundant country tends to have a higher state of technology, so if that is the case the wage-rental ratio is lower in the capital-abundant country in free trade.

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