Extending the learning-by-exporting hypothesis: Introducing a credit constraint

Kazuhiko Yokota, Akinori Tomohara

研究成果: Article査読

3 被引用数 (Scopus)

抄録

This paper develops a theoretical framework which can be used to examine policy implications from the learning-by-exporting hypothesis. This work builds on previous theoretical literature by introducing a credit constraint. When credit is available, the analysis suggests that supporting a learning sector via an export subsidy is not necessarily advised to improve social welfare. The learning sector's goods may be over-produced (relative to another non-tradable sector goods) when consumers can borrow freely for their consumption. If the learning sector's goods are over-produced, social welfare will be improved via a tax on production.

本文言語English
ページ(範囲)169-177
ページ数9
ジャーナルInternational Advances in Economic Research
15
2
DOI
出版ステータスPublished - 2009
外部発表はい

ASJC Scopus subject areas

  • 経済学、計量経済学
  • 経済学、計量経済学および金融学(全般)

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