Iwasa, Kazumichi; Kikuchi, Toru; Shimomura, Koji - Volkswirtschaftliche Fakultät, … - 2007
This note formulates a dynamic two-country (developed and developing countries) Chamberlin-Heckscher-Ohlin model of trade with endogenous time preferences a la Uzawa (1968). We examine the relationship between initial factor endowment differences and trade patterns in the steady state. In...