Trade and Growth: a simple model with notso-simple implications

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Show simple item record Corchón, Luis 2017-09-01T11:12:55Z 2018-04-01T22:00:06Z 2017-04-01
dc.identifier.bibliographicCitation Corchón, Luis C. (2017). Trade and Growth: A Simple Model with Notso- Simple Implications. Journal of Dynamics and Games, v. 4, n. 2, pp. 175-190.
dc.identifier.issn 2164-6066
dc.description.abstract We present a simple model of international trade (IT) and growth.The model yields a unique equilibrium path in which the relationship betweenexogenous and endogenous variables does not resemble the equations estimatedby the empirical literature: Ours are not linear, despite the fact that technologyand demand are linear, they do not include variables used in this literature likeshares of IT and investment and include variables that have never been usedin this literature such as comparative and absolute advantage, specializationpatterns, saving habits and technology of partner countries. Finally, the impactof the initial level of income and the number of years that the economy hasbeen open is far more complicated than had been assumed by the literature.
dc.description.sponsorship I wish to thank Antonia D az for the conversation that led to this paper and to Carmen Bevi a, Michele Boldrin, Klaus Desmet, Ricardo Mora, Georges Siotis, Jaume Ventura and an anonymous referee for helpful comments and to CICYT for support under grant ECO2014 57442 P..
dc.format.mimetype application/pdf
dc.language.iso eng
dc.publisher American Institute of Mathematical Sciences
dc.rights © American Institute of Mathematical Sciences
dc.subject.other Growth
dc.subject.other International trade
dc.subject.other Explanatory variables
dc.title Trade and Growth: a simple model with notso-simple implications
dc.type article
dc.subject.eciencia Economía
dc.rights.accessRights openAccess
dc.relation.projectID Gobierno de España. ECO2014 57442 P
dc.type.version acceptedVersion
dc.identifier.publicationfirstpage 175
dc.identifier.publicationissue 2
dc.identifier.publicationlastpage 190
dc.identifier.publicationtitle Journal of Dynamics and Games
dc.identifier.publicationvolume 4
dc.identifier.uxxi AR/0000020266
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