ZHANG, YONGSHENG; ZHAO, XUEYAN - In: Division of Labor & Transaction Costs (DLTC) 01 (2006) 02, pp. 185-201
Following the empirical work of Jones (1995a,b) that test the scale effects predicted by the AK models and the R&D based models, this paper tests the scale effects of a major new trade model, the Krugman (1979) version of the Dixit-Stiglitz (1977) model, using the Yang-Heijdra (1993) formula for...