国际经济学习课件.pptVIP

Chapter 4 § 1 The Impact of International Trade on Economic Growth§ 2 The Impact of Economic Growth on International Trade § 1 The Impact of International Trade on Economic Growth 一、The Theory of Engine of Economic Growth 二、The Theory of Foreign Trade Multiplier 二、The Theory of Foreign Trade Multiplier § 2 The Impact of Economic Growth on International Trade 一、The Source of Economic Growth 二、The Trade Effect of Economic Growth 二、The Trade Effect of Economic Growth 三、The Trade and Welfare Effect of Economic Growth in Small Nation 四、The Trade and Welfare Effect of Economic Growth in Large Nation At constant commodity prices, an increase in the endowment of one factor will increase by a greater proportion the output of the commodity intensive in that factor and will reduce the output of the other commodity.  If growth expands the nation’s volume of trade at constant prices, then the nation’s terms of trade tend to deteriorate. On the other hand, if growth reduces the nation’s volume of trade at constant prices, the nation’ s terms of trade tend to improve. This is referred to as the Terms-of-trade of effect of growth.  Even if the wealth effect, by itself, tends to increase the nation’s welfare, the terms of trade may deteriorate so much as to lead to a net decline in the nation’s welfare.  ? Type of economic growth is export-biased ? Exporting nation is a large nation, which change in export supply influences world price sufficiently ? Marginal propensity to import of importing country is high, that is, demand of import will increase substantially because of economic growth? Price elasticity of demand of exports in world market is very low  * * * * * * * * * International Trade and Economic Growth 国际贸易与经济增长 Structure Key Concepts Engine of Economic Growth Foreign Trade Multiplier Immiserising Growth Rybczynski Theorem 经济增长的发动机 对外贸易乘数 贫困化增长 罗伯津斯基定理 国际贸易对经济增长的影响 Static benefits of internat