Current Account Dynamics in a Small Open-Economy Model of Status Seeking*
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....
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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: Review of International Economics
سال: 2005
ISSN: 0965-7576,1467-9396
DOI: 10.1111/j.1467-9396.2005.00503.x