Kikuchi, Toru; Shimomura, Koji - In: Review of Development Economics 11 (2007) 2, pp. 232-241
This paper formulates a two-country by two-factor by two-good dynamic Chamberlin-Heckscher-Ohlin model of international trade with endogenous time preferences. After proving the existence, uniqueness and local saddle-point stability of the steady state, we examine the relationship between...