학술저널
Endogenous Growth and South-North Trade
Endogenous Growth and South-North Trade
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제17권 제3호
-
2002.09554 - 569 (16 pages)
- 0
In this atricle, we develop an endogenous growth model to analyze the impact of knowledge spillovers, the disparity in initial endowments and production technologies on economic growth of two trading regions. We found that the growth rates of technology development of the two regions become uneven unless they have an identical initial steady-state labor allocation between technology development and intermediate inputs. Trade in intermediate goods and knowledge spillovers improve welfare in both regions.
Ⅰ. Introduction
Ⅱ. The Model
Ⅲ. General Equilibrium
Ⅳ. The Balanced Growth Path
Ⅴ. Welfare
Ⅵ. Conclusion
(0)
(0)