Benhabib, Jess (contributor); Spiegel, Mark (contributor) - 2002 - [Elektronische Ressource]
inequality.
14
13
To see this note that, using LHopital’s Rule, the right side of equation (4.3) collapses to
c
i
B nulln
exp … also depend on barrers to innovation as in Parente and
Prescott (1994), so that in fact we have c(H
i
,X), where X …
goodsisgivenby:
Y
i
= A
i
(L
i
)
1−α
N
i
null
j=1
(X
ij
)
α
i =1,2
where the North is country 1 and the South is country 2, so that N …