A factor endowment theory of endogenous growth and international trade

Yunfang Hu, Murray C. Kemp, Koji Shimomura

Research output: Contribution to journalArticlepeer-review

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
Externally publishedYes

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Development

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