We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response … of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade … liberalization must be followed by a depreciation of the real exchange rate. We deduce that the growth rate of the economy increases …

continuity of the free trade agreement seems unnecessary. This work evaluates the path of growth of the productive system of the …

continuity of the free trade agreement seems unnecessary. This work evaluates the path of growth of the productive system of the …

This paper questions the empirical evidence of the relationship between inequality and growth on the basis of the … enables the panel data technique to be applied, confirming the negative effect of inequality on the potential growth of the …