2024-03-29T01:47:11Zhttps://www.tdx.cat/oai/requestoai:www.tdx.cat:10803/6632532018-10-18T11:10:57Zcom_10803_1col_10803_52152
Essays on Industrial Policy, Structural Change, and International Trade
Hollstein, Till Ferdinand
Estévez, Kristian
Sánchez-Losada, Fernando
Universitat de Barcelona. Facultat d'Economia i Empresa
Comerç internacional
Comercio internacional
International trade
Indústria manufacturera
Industria manufacturera
Manufacturing industries
Política econòmica
Política económica
Economic policy
Economia internacional
Economía internacional
International economic relations
Desenvolupament econòmic
Desarrollo económico
Economic development
Ciències Jurídiques, Econòmiques i Socials
339
The purpose of the thesis is to investigate the impact of patterns of trade on the structural composition of an economy. We show that trade affects an economy’s productivity by shifting labor across broad sectors and reallocating resources across firms within sectors.
In the first chapter, we examine how the introduction of a labor subsidy in the manufacturing sector affects manufacturing employment in a Ricardian trade model. Furthermore, the trade-off between subsidy distortions, dynamic productivity gains in the manufacturing sector and gains from trade are examined. We derive a critical labor subsidy. If a labor subsidy is larger than this critical subsidy, TFP growth in the manufacturing sector is higher than in the agricultural sector and the economy industrializes. Accelerated TFP growth can outweigh the welfare reducing distortions of labor subsidies in the long run.
In the second chapter, we investigate the role of quality of traded goods. We analyze a U.S. import data set and show that firms within a sector may find it profitable to export different quality levels and the quality of exported goods is bimodally distributed within these sectors. We address these results by extending the standard heterogeneous firms trade model with endogenous intermediate input quality choice and assuming that there exists quality complementarity between a firm’s capability and their choice of intermediate input quality.
In the third chapter, we examine the interrelationship between patterns of trade and premature deindustrialization. We develop a multi-sector two-economy model that allows for inter- and intra- industry trade and find an additional channel through which a developing economy may deindustrialize. Manufacturing production requires intermediate inputs that must be imported from high-income economies. The foreign technology embodied in those inputs reduces the relative price of manufactured goods over services. This effect is independent of trade openness in the manufacturing sector.
Summarizing, the thesis emphasizes the role of international trade on economic growth, structural composition, and firm selection and studies the consequences of their interdependence.
2018-10-18T10:56:10Z
2018-10-18T10:56:10Z
2018-09-21
info:eu-repo/semantics/doctoralThesis
info:eu-repo/semantics/publishedVersion
http://hdl.handle.net/10803/663253
eng
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info:eu-repo/semantics/openAccess
103 p.
application/pdf
application/pdf
Universitat de Barcelona
TDX (Tesis Doctorals en Xarxa)