The Effects of Globalization on Regional Inequality in a Model of Semi-Endogenous Growth and Foot-loose Capital
AbstractWe show that two regions converge under trade liberalization two regions converge by means of a semi-endogenous R&D growth model with international trade, foot-loose capital, local knowledge spillovers in an open economy, and full agglomeration of modern goods firms in a country.
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Bibliographic InfoPaper provided by Research Institute for Economics & Business Administration, Kobe University in its series Discussion Paper Series with number DP2013-25.
Length: 7 pages
Date of creation: Aug 2013
Date of revision:
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Trade integration; Foot-loose capital; R&D growth; Scale effects; Regional Inequality; local spillovers; Full agglomeration;
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Working Paper Series
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