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Growth in an Open Economy: some Recent Developments

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Author Info
Turnovsky, S.

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Abstract

This paper discusses some of the recent developments in growth theory, doing so from the perspective of a small open economy. After setting out a basic generic model, we show how it may yield two of the key models that have played a prominent role in the recent literature, the endogenous growth model and the non-scale growth model.

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Publisher Info
Paper provided by Warwick - Development Economics Research Centre in its series Papers with number 5.

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Length: 68 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:fth:warwde:5

Contact details of provider:
Postal: University of Warwick, Development Economics Research Center, Coventry CV4 7AL, United Kingdom.
Phone: +44 (0) 2476 523202
Fax: +44 (0) 2476 523032
Web page: http://www.warwick.ac.uk/fac/soc/Economics/
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Related research
Keywords: ECONOMIC GROWTH ; ECONOMIC THEORY;

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Find related papers by JEL classification:
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
E00 - Macroeconomics and Monetary Economics - - General - - - General

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  44. Eicher, Theo S & Turnovsky, Stephen J, 1999. "International Capital Markets and Non-scale Growth," Review of International Economics, Blackwell Publishing, vol. 7(2), pages 171-88, May.
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  58. Eicher, Theo S & Turnovsky, Stephen J, 1999. " Convergence in a Two-Sector Nonscale Growth Model," Journal of Economic Growth, Springer, vol. 4(4), pages 413-28, December. [Downloadable!] (restricted)
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  83. Jonathan R. W. Temple, 1998. "Robustness tests of the augmented Solow model," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 13(4), pages 361-375. [Downloadable!]
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  86. Grinols, Earl L. & Turnovsky, Stephen J., 1994. "Exchange rate determination and asset prices in a stochastic small open economy," Journal of International Economics, Elsevier, vol. 36(1-2), pages 75-97, February. [Downloadable!] (restricted)
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