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This paper surveys the development of the theory of endogenous growth, with special emphasis on models that deal with the interactions between trade and growth. A unified framework is presented and is shown to contain many models as special cases. International factor mobility is also dealt with...
Persistent link: https://www.econbiz.de/10010398183
This paper investigates the optimality of international income transfers in a two-country model in which each country engages in non-cooperative trade policy behaviour. It is shown that unconditional income transfers can never be optimal for the donor country, which not only suffers the loss of...
Persistent link: https://www.econbiz.de/10010320877
Persistent link: https://www.econbiz.de/10011652525
Persistent link: https://www.econbiz.de/10011652550