Mao, Zi-Ying - Volkswirtschaftliche Fakultät, … - 2012
This paper extends the learning-by-doing model of Alwyn Young (1991), which assumes bounded learning-by-doing in each … then used to study the dynamic effects of learning-by-doing in both autarky and two-country free trade situations. The main … findings are: 1. Learning-by-doing is the source of sustainable growth in the long-run; 2. In both autarky and free trade …