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Heckscher-Ohlin revisited: implications of differential population dynamics for trade within an overlapping generations framework

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  • Sayan, Serdar

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Article provided by Elsevier in its journal Journal of Economic Dynamics and Control.

Volume (Year): 29 (2005)
Issue (Month): 9 (September)
Pages: 1471-1493

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Handle: RePEc:eee:dyncon:v:29:y:2005:i:9:p:1471-1493

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References

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  1. Galor, Oded, 1992. "A Two-Sector Overlapping-Generations Model: A Global Characterization of the Dynamical System," Econometrica, Econometric Society, Econometric Society, vol. 60(6), pages 1351-86, November.
  2. Galor, Oded & Lin, Shoukang, 1994. "Terms of Trade and Current Account Dynamics: A Methodological Critique," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(4), pages 1001-14, November.
  3. Serdar Sayan & Ali Emre Uyar, 2002. "Directions of Trade Flows and Labor Movements between High- And Low-Population Growth Countries: An Overlapping Generations General Equilibrium Analysis," GE, Growth, Math methods, EconWPA 0203003, EconWPA.
  4. Joel Fried, 1980. "The Intergenerational Distribution of the Gains from Technical Change and from International Trade," Canadian Journal of Economics, Canadian Economics Association, vol. 13(1), pages 65-81, February.
  5. Kenc, Turalay & Sayan, Serdar, 2001. "Demographic shock transmission from large to small countries: An overlapping generations CGE analysis," Journal of Policy Modeling, Elsevier, Elsevier, vol. 23(6), pages 677-702, August.
  6. Jonathan Eaton, 1987. "A Dynamic Specific-Factors Model of International Trade," NBER Working Papers 1479, National Bureau of Economic Research, Inc.
  7. Findlay, Ronald, 1970. "Factor Proportions and Comparative Advantage in the Long Run," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 78(1), pages 27-34, Jan.-Feb..
  8. Serdar Sayan, 2002. "Dynamic Heckscher-Ohlin Results from a 2x2x2x2 Overlapping Generations Model with Unequal Population Growth Rates," GE, Growth, Math methods, EconWPA 0203002, EconWPA, revised 14 Mar 2002.
  9. Willem H. Buiter, 1979. "Time Preference and International Lending and Borrowing in an Overlapping-Generations Model," NBER Working Papers 0352, National Bureau of Economic Research, Inc.
  10. Holtz-Eakin, Douglas & Lovely, Mary E. & Tosun, Mehmet S., 2004. "Generational conflict, fiscal policy, and economic growth," Journal of Macroeconomics, Elsevier, Elsevier, vol. 26(1), pages 1-23, March.
  11. Miles, David, 1999. "Modelling the Impact of Demographic Change upon the Economy," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 109(452), pages 1-36, January.
  12. Mehdi Jelassi & Serdar Sayan, 2003. "Implications of Unequal Rates of Population Growth for Trade," Departmental Working Papers, Bilkent University, Department of Economics 0302, Bilkent University, Department of Economics.
  13. Mountford, Andrew, 1998. "Trade, convergence and overtaking," Journal of International Economics, Elsevier, vol. 46(1), pages 167-182, October.
  14. María Dolores Guilló, 2001. "The trade balance and the terms of trade in a two-country two-sector OLG economy," Spanish Economic Review, Springer, Springer, vol. 3(1), pages 71-80.
  15. Zhiqi Chen, 1992. "Long-Run Equilibria in a Dynamic Heckscher-Ohlin Model," Canadian Journal of Economics, Canadian Economics Association, vol. 25(4), pages 923-43, November.
  16. Tosun, Mehmet Serkan, 2003. "Population aging and economic growth: political economy and open economy effects," Economics Letters, Elsevier, vol. 81(3), pages 291-296, December.
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Citations

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Cited by:
  1. Emily T. Cremers, 2008. "Transfers, the Terms of Trade and Capital Accumulation," DEGIT Conference Papers c013_018, DEGIT, Dynamics, Economic Growth, and International Trade.
  2. Fedotenkov, I., 2012. "Pensions and ageing in a globalizing world. International spillover effects via trade and factor mobility," Open Access publications from Tilburg University urn:nbn:nl:ui:12-5590843, Tilburg University.
  3. Takumi Naito & Laixun Zhao, 2008. "Aging, transitional dynamics, and gains from trade," Discussion Paper Series 215, Research Institute for Economics & Business Administration, Kobe University.
  4. Akira Yakita, 2012. "Different demographic changes and patterns of trade in a Heckscher–Ohlin setting," Journal of Population Economics, Springer, vol. 25(3), pages 853-870, July.
  5. Claustre Bajona, 2010. "Demographics in Dynamic Heckscher-Ohlin Models: Overlapping Generations versus Infinitely Lived Consumers," 2010 Meeting Papers 1172, Society for Economic Dynamics.
  6. Claustre Bajona & Timothy J. Kehoe, 2006. "Demographics in Dynamic Heckscher-Ohlin Models: Overlapping Generations Versus Infinitely Lived Consumers," NBER Working Papers 12566, National Bureau of Economic Research, Inc.
  7. Tosun, Mehmet Serkan, 2008. "Endogenous fiscal policy and capital market transmissions in the presence of demographic shocks," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 32(6), pages 2031-2060, June.

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