A dynamic international trade model with endogenous fertility

Yukio Karasawa-Ohtashiro, Akihiko Yanase

    Research output: Contribution to journalArticlepeer-review

    Abstract

    This paper examines a two-country dynamic general equilibrium model with endogenous fertility. We show that the introduction of child-rearing behavior brings about new properties in long-run dynamics. After an analysis of the existence, uniqueness, and local stability of the long-run equilibrium, we examine the international trade pattern and comparative static's in order to identify the differences with the standard dynamic international trade model.

    Original languageEnglish
    Pages (from-to)237-261
    Number of pages25
    JournalAsia-Pacific Journal of Accounting and Economics
    Volume18
    Issue number3
    DOIs
    Publication statusPublished - 2011 Dec

    Keywords

    • Dynamic two-country international trade model
    • Endogenous fertility
    • Long-run trade patterns

    ASJC Scopus subject areas

    • Accounting
    • Finance
    • Economics and Econometrics

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