±gurations, and investigate implications of the initial conditions for convergence and growth. We then proceed to study the … sensitivity of dynamic equilibrium to changes in the population growth rate and explore how differences in demographic … characteristics across countries may create the basis for long-run comparative advantages opening the way for free trade between two …

international trade within an overlapping-generations (OLG) framework, by assuming that one of the trading partners has the power to … set the terms of trade (i.e., is large) at the beginning. The two countries considered are assumed to be identical in … autarky and trade and unequal population dynamics are shown to affect the relative abundance of the factors of production in …

This paper analyses the sectoral specialisation mechanisms and their effects on growth rate differences providing an … alternative approach to endogenous growth processes. The framework developed relies on a Kaldorian growth model with evolutionary … micro-founded technical change. The paper develops a multi-sectoral growth model. Following the Kaldorian tradition economic …

the new results it proposes. In line with endogenous growth models with innovation , we define an innovation function of … externality effect (positive). We distinguish quantitative from qualitative growth and we calibrate the model and assess the … impact of endogenous growth mechanisms on the results of the model for different economic policies. …

Two finite-difference methods are constructed and used for the solution of a class of endogenous growth model with …

learning by doing. The tax base for the property tax is relatively large compared to that for capital income. There is a trade …