Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10012661519
critical contemporary issues without the ammunitions of a more complex neo-classical system. Trade pampers inequality all … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …
Persistent link: https://www.econbiz.de/10012312232
Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the …
Persistent link: https://www.econbiz.de/10011597233
We build up a simple Ricardian trade model with imperfection in the market for credit which affects the pattern of … good. We argue that in such a framework identical countries will gain from trade without the assumption of comparative …
Persistent link: https://www.econbiz.de/10011259555
We build up a Ricardian trade model for a small open economy with imperfection in the market for credit which … eventually affects the pattern of production and trade. Workers/entrepreneurs are endowed with different levels “capital” and … distribution of capital ownership determines the nature of production and trade. Those producing fragments may engage in external …
Persistent link: https://www.econbiz.de/10011109643