Showing 1 - 6 of 6
This paper examines a developing economy by a family-optimization model in which the number of children is a normal good in preferences. Trade liberalization generates two effects: an income effect, which raises population growth in the short run; and a gender wage effect, which decreases that...
Persistent link: https://www.econbiz.de/10005063378
We present a semi-endogenous model of regional growth and development without scale effects. In this model of a small developing region the world growth rate of technical progress is given. Regional growth is driven by technological change induced by imitation. Imitation is determined by...
Persistent link: https://www.econbiz.de/10005650491
The paper develops a simple model to describe the dynamics of international trade flows. We show that such a setup is able to simultaneously match a large number of empirical regularities, such as the fraction of zero trade flows across pairs of countries, the positive relationship between...
Persistent link: https://www.econbiz.de/10011123965
We construct and test a theory of how international trade and endogenous economic growth interact to affect the evolution of cross-country differences in GDP. The theory combines a second-generation endogenous growth model with a Ricardian model of trade. The driver of growth is technical...
Persistent link: https://www.econbiz.de/10011124013
The paper studies the Krugman’s CP model in the weakly explored case of asymmetric regions in two settings: international trade and agglomeration processes. First setting implies that the industrial labor is immobile, while second one consider mobile industrial labor and long-run equilibria....
Persistent link: https://www.econbiz.de/10011124020
The paper develops a model of proportionate growth to describe the dynamics of international trade flows. We show that a large number of the empirical regularities characterizing international trade — such as the fraction of zero trade flows across pairs of countries, the positive relationship...
Persistent link: https://www.econbiz.de/10011124117