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