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Capital Mobility, the Real Exchange Rate, and the Rate of Return to Capital in the Presence of Non-Traded Goods

Author

Listed:
  • Gatsios, K.

Abstract

This paper constructs a general quilibrium trade model of a small open economy producing an exported good, an imported good and a non-traded good by using two or more factors of production, one of which, namely capital, is imperfectly internationally mobile.

Suggested Citation

  • Gatsios, K., 2000. "Capital Mobility, the Real Exchange Rate, and the Rate of Return to Capital in the Presence of Non-Traded Goods," DEOS Working Papers 116, Athens University of Economics and Business.
  • Handle: RePEc:aue:wpaper:116
    as

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    More about this item

    Keywords

    EXCHANGE RATE ; CAPITAL ; TRADE;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F20 - International Economics - - International Factor Movements and International Business - - - General

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