YENOKYAN, KARINE; SEATER, JOHN J.; ARABSHAHI, MARYAM - In: International Economic Review 55 (2014) 02, pp. 223-254
We study the world trading equilibrium in a Ricardian model, where factors of production are produced and traded. Even in the absence of technology transfer, international investment, research and development, and aggregate scale effects, trade affects economic growth through comparative...