Complementarity, Growth and Trade
AbstractWe consider an endogenous growth model which includes international trade in capital goods. The model yields several distinct balanced growth solutions which can be classified using stability under adaptive learning. Some of the equilibria can involve growth rates much higher (or lower) than others.
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Bibliographic InfoPaper provided by Department of Economics in its series University of Helsinki, Department of Economics with number 461.
Length: 30 pages
Date of creation: 1999
Date of revision:
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Postal: University of Helsinki; Department of Economics, P.O.Box 54 (Unioninkatu 37) FIN-00014 Helsingin Yliopisto
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Fax: +358 9 191 8877
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INNOVATIONS ; INTERNATIONAL TRADE ; TECHNOLOGY ; ECONOMIC EQUILIBRIUM;
Other versions of this item:
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- F15 - International Economics - - Trade - - - Economic Integration
- O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
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