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Growth in an Open Economy: Some Recent Developments

  • Stephen Turnovsky

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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Paper provided by University of Washington, Department of Economics in its series Working Papers with number 0015.

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Date of creation: Apr 2000
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Handle: RePEc:udb:wpaper:0015
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