A factor endowment theory of endogenous growth and international trade

Yunfang Hu, Murray C. Kemp, Koji Shimomura

    Research output: Contribution to journalArticle

    7 Citations (Scopus)

    Abstract

    This paper presents a dynamic general equilibrium model of multi-country, two-good and two-factor, in which both long-run growth and international trade patterns are examined. In each country, government expenditure on a public intermediate good plays a crucial role in the realization of persistent growth. It is shown that the long-run pattern of international trade is determined in a Heckscher-Ohlin manner.

    Original languageEnglish
    Pages (from-to)467-481
    Number of pages15
    JournalReview of Development Economics
    Volume9
    Issue number4
    DOIs
    Publication statusPublished - 2005 Nov 1

    ASJC Scopus subject areas

    • Geography, Planning and Development
    • Development

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