Showing 1 - 10 of 11,350
±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 …
Persistent link: https://www.econbiz.de/10005537515
two-sector growth model, the Oniki-Uzawa trade model, and the neoclassical growth models in environmental economics. The …, economic structure, domestic and global division of labor, international trade and environmental change with transboundary … system. Our analysis provides some insights into the complexity of global economic growth with environment. For instance, the …
Persistent link: https://www.econbiz.de/10011093756
This paper makes a theoretical argument that growth in developing countries is likely to worsen the income distribution … in developed countries and lead to a protectionist response that undermines the incentives for developing country growth …. The model for this purpose is the two-cone version of the Heckscher-Ohlin (HO) trade model, in which countries have …
Persistent link: https://www.econbiz.de/10005551444
An R&D based endogeneous growth - applied general equilibrium model is developed from an underlying analytical model … structure, is fit to East Asian data of the social accounting matrix variety. Simulations of trade reform are performed and …
Persistent link: https://www.econbiz.de/10005486562
trade in explaining British living standards or growth rates. We construct a three-region model of the world in which …Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s. This …
Persistent link: https://www.econbiz.de/10010752744
trade in explaining British living standards or growth rates. We construct a three-region model of the world in which …Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s. This …
Persistent link: https://www.econbiz.de/10011083876
trade in explaining British living standards or growth rates.  We construct a three-region model of the world in which …Many previous studies of the role of trade during the British Industrial Revolution have found little or no role for … find that while trade had only a small impact on British welfare in the 1760s, it had a very large impact in the 1850s …
Persistent link: https://www.econbiz.de/10011194334
We reconsider the effects of long-run economic growth on relative factor prices across cones of specialization. We … model economic growth as exogenous technical change. Allowing for capital biased technical change with a sector bias and for … endogenous commodity prices, we find that economic growth may increase or decrease factor price differences across cones. For a …
Persistent link: https://www.econbiz.de/10010958216
While trade integration is often regarded as a principal determinant of economic growth, the empirical evidence for a … causal linkage between trade and growth is ambiguous. This paper argues that the effect of trade in dynamic panel estimations … depends crucially on the specification of trade. Both from a theoretical as well as an empirical point of view one …
Persistent link: https://www.econbiz.de/10010985989
supply side at center stage, affording little or no role for demand or overseas trade. Recently, alternative explanations … have placed an emphasis on the importance of trade with New World colonies, and the expanded supply of raw cotton it … for 1760 and 1850. Neither claim is supported. Trade was vital for the progress of the industrial revolution; but it was …
Persistent link: https://www.econbiz.de/10005497925