| dc.contributor | 國貿系 | en_US |
| dc.creator (作者) | 徐則謙 | zh_TW |
| dc.creator (作者) | Hsu,Tsechien | en_US |
| dc.date (日期) | 2011.06 | en_US |
| dc.date.accessioned | 19-十二月-2013 12:03:44 (UTC+8) | - |
| dc.date.available | 19-十二月-2013 12:03:44 (UTC+8) | - |
| dc.date.issued (上傳時間) | 19-十二月-2013 12:03:44 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/62728 | - |
| dc.description.abstract (摘要) | This paper incorporates firm heterogeneity in productivity endogenously generated by the lack of protection of property rights when agents transfer capital and analyzes the effects of trade on aggregate productivity and the evolution of protection. In the short run, when the level of protection is exogenous, countries with poorer protection enjoy positive terms of trade externality generated by better protection in other countries. This increases aggregate productivity, while the opposite holds true in countries with better protection. In the long run, when governments can adjust the level of protection, it is possible to show that average productivity and the level of protection increase in all countries. However, contrary to previous empirical studies focusing on productivity improvements, we cannot consider the increases in productivity and protection in countries that suffer the negative externality as welfare gains. This is because they result from greater resources needed to maintain a given level of incentive to transfer capital. | en_US |
| dc.format.extent | 886942 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | Academia Economic Papers, 39(2), 245-278 | en_US |
| dc.title (題名) | Ownership Protection, Firm Heterogeneity and Aggregate Productivity | en_US |
| dc.type (資料類型) | article | en |
