单要素贸易条件对亚洲新兴经济体出口导向型增长的影响

The Influences of Single Factorial Terms of Trade on the Export-Oriented Growth Model of Asian Emerging Economies

基于全要素生产率计算的单要素贸易条件,是一类综合衡量技术进步、出口价格相对变动的贸易条件指数。在经济增长模型中,不仅包括了劳动力和资本这两种传统要素,还将基于全要素生产率的单要素贸易条件和出口考虑进来,以考察亚洲新兴经济体单要素贸易条件与出口导向型增长的关系。实证结果表明,单要素贸易条件没有导致亚洲新兴经济体陷入"贫困化增长",相反推动了大部分亚洲新兴经济体出口导向型经济增长,2008年全球金融危机期间单要素贸易条件没有对这些经济体GDP增长产生较大的破坏作用。

The single factorial terms of trade calculated on the basis of TFP is a kind of index of trade terms that measures improvement of technology and relative changes of export prices com- penhensively. The economical growth model adpted by this study includes not only the traditional fac- tors of labor and capital, but also the single factorial terms of term on the basis of TFP and export, so as to examine the relationship between the single factorial terms of trade and the export-orient growth in Asian emerging economies. The empirical results indicate that the single factorial terms of trade has not lead Asian emerging economies into immiserizing growth, instead, it pushes the ex- port-oriented economic growth in most Asian economies. During the 2008 global financial crisis, the single factorial terms of trade did not bring huge destructive effects on the GDP growth of these economics.