Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10010323695
Persistent link: https://www.econbiz.de/10010323724
We use the two-sector specific factors model, which is known from the theory of international trade, in a growth context to describe major trends of long-run economic development. The endogenous technical progress functions establish the link between the agricultural and the manufacturing sector...
Persistent link: https://www.econbiz.de/10010323733
It is obvious that the German economy exhibits a significant decline in economic growth during the last two decades. Although the German economy has still to overcome the burden of the reunification in 1990 it is shown that this burden might be only one reason of this decline. In this study we...
Persistent link: https://www.econbiz.de/10010262987
The two-sector specific factor model is typically used in the theory of international trade where it helps to clarify the principle of comparative advantage. Instead, we use this model as explicit theoretical framework to explain major trends of long-run economic development. Combined with...
Persistent link: https://www.econbiz.de/10010266861
We use the two-sector specific factors model, which is known from the theory of international trade, in a growth context to describe major trends of long-run economic development. The endogenous technical progress functions establish the link between the agricultural and the manufacturing sector...
Persistent link: https://www.econbiz.de/10010851009
Persistent link: https://www.econbiz.de/10008464619
The two-sector specific factor model is typically used in the theory of international trade where it helps to clarify the principle of comparative advantage. Instead, we use this model as explicit theoretical framework to explain major trends of long-run economic development. Combined with...
Persistent link: https://www.econbiz.de/10008464654
Persistent link: https://www.econbiz.de/10008464702
It is obvious that the German economy exhibits a significant decline in economic growth during the last two decades. Although the German economy has still to overcome the burden of the reunification in 1990 it is shown that this burden might be only one reason of this decline. In this study we...
Persistent link: https://www.econbiz.de/10008587214