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This paper uses an endogenous growth model to examine the interaction between trade, economic growth, and the environment. We find that whether trade enhances or retards growth depends on the relation between factor intensities of exportable, importable, and R&D and the relative abundance of the...
Persistent link: https://www.econbiz.de/10005525639
Persistent link: https://www.econbiz.de/10005298459
An R&D based endogenous growth - applied general equilibrium model is developed from an underlying analytical model which combines Romer's capital variety with Grossman and Helpman's multi-sector open economy model. The transitional dynamics of the analytical model are derived. For numerical...
Persistent link: https://www.econbiz.de/10005493493
The implications of environmental externalities are studied within three classes of endogenous growth models viz. the linear technology models, the human capital models, and the R&D and innovation models. The long-run rate of economic growth changes when environmental extemalities are introduced;...
Persistent link: https://www.econbiz.de/10005493528
This paper uses an endogenous growth model to examine the interaction between trade, economicgrowth, and the environment. We find that whether trade enhances or retards growth depends on therelation between factor intensities of exportable, importable, and R&D and the relative abundanceof the...
Persistent link: https://www.econbiz.de/10009445174
Persistent link: https://www.econbiz.de/10000958501
Persistent link: https://www.econbiz.de/10001209310
Persistent link: https://www.econbiz.de/10006481567