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A Factor Endowment Theory of Endogenous Growth and International Trade

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Author Info
Yunfang Hu
Murray C. Kemp
Koji Shimomura

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Abstract

This paper presents a dynamic general equilibrium model of multi-country, two-good and two-factor, in which both long-run growth and international trade patterns are examined. In each country, government expenditure on a public intermediate good plays a crucial role in the realization of persistent growth. It is shown that the long-run pattern of international trade is determined in a Heckscher-Ohlin manner. Copyright Blackwell Publishing Ltd 2005.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9361.2005.00288.x
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Publisher Info
Article provided by Blackwell Publishing in its journal Review of Development Economics.

Volume (Year): 9 (2005)
Issue (Month): 4 (November)
Pages: 467-481
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Handle: RePEc:bla:rdevec:v:9:y:2005:i:4:p:467-481

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669

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This page was last updated on 2008-8-12.


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