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Complementarity, Growth and Trade

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Author Info
Honkapohja, S.
Turunen-Red, A.

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Abstract

We 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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Publisher Info
Paper provided by Department of Economics in its series University of Helsinki, Department of Economics with number 461.

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Length: 30 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:helsec:461

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Postal: University of Helsinki; Department of Economics, P.O.Box 54 (Unioninkatu 37) FIN-00014 Helsingin Yliopisto
Phone: +358 9 191 8897
Fax: +358 9 191 8877
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Web page: http://www.valt.helsinki.fi/katal/
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Related research
Keywords: INNOVATIONS INTERNATIONAL TRADE TECHNOLOGY ECONOMIC EQUILIBRIUM

Other versions of this item:

Find related papers by JEL classification:
F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies
F15 - International Economics - - Trade - - - Economic Integration
O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

Cited by:
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  1. Honkapohja ,S. & Turunen-Red, A., 2004. "Gains and Losses from Tax Competition with Migration," Cambridge Working Papers in Economics 0416, Faculty of Economics, University of Cambridge. [Downloadable!]
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This page was last updated on 2008-9-21.


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