Gaffney, Janice; Rogers, Colin - School of Economics, University of Adelaide - 1999
In this paper we examine some properties of the Benge and Wells (B-W) (1998a,b) formulation of a small open economy version of the Solow-Swan growth model. We suggest a simple method for classifying economies as capital importers or exporters (net debtors or creditors) in the steady state and...