Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
962608 | Journal of International Economics | 2012 | 9 Pages |
Abstract
⺠A two-country, continuum-good Ricardian model of trade and endogenous growth. ⺠A permanent fall in the trade cost in any one country has the following effects. ⺠It raises the growth rates of capital in all countries for all periods. ⺠It increases both imported and exported varieties in all countries for all periods. ⺠It raises welfare in all countries.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Takumi Naito,