Capital Accumulation and Structural Change in a Small Open Economy
نویسندگان
چکیده
منابع مشابه
Capital Accumulation and Convergence in a Small Open Economy
Outward-oriented economies seem to grow faster than inward-looking ones. Does the literature on convergence have anything to say on this? In the dynamic Heckscher-Ohlin-Samuelson model, with factor-price equalization, there is no convergence of incomes. This is because with identical preferences and return to capital, irrespective of initial levels the growth rates of consumption are the same....
متن کاملcapital accumulation and convergence in a small open economy
â â â â â â â abstract â outward-oriented economies seem to grow faster than inward-looking ones. does the literature on convergence have anything to say on this? in the dynamic heckscher-ohlin-samuelson model, with factor-price equalization, there is no convergence of incomes. this is because with identical preferences and return to capital, irrespective of initial levels the growth rates o...
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ژورنال
عنوان ژورنال: Pacific Economic Review
سال: 2014
ISSN: 1361-374X
DOI: 10.1111/1468-0106.12087