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Comparative Advantage and Long-Run Growth

Helpman, Elhanan - ; Grossman, Gene M. - ;

We construct a dynamic, two-country model of trade and growth in which endogenous technological progress results from the profit-maximizing behavior of entrepreneurs. We study the role that the external trading environment and that trade and industrial policies play in the determination of long-run growth rates. Cross-country differences in efficiency at R&D versus manufacturing (i.e., comparative advantage) bear importantly on the growth effects of economic structure and commercial policies.


Ketersediaan

Call NumberLocationAvailable
TAER 8004PSB lt.dasar - Pascasarjana1
PSB lt.2 - Karya Akhir1
PenerbitNashville: American Economic Association 1990
EdisiVol. 80, No. 4, Sep., 1990
SubjekEconomic structure
Endogenous technological
Commercial policies
Growth effects
ISBN/ISSN0002-8282
KlasifikasiNONE
Deskripsi Fisik20 p.
Info Detail SpesifikThe American Economic Review
Other Version/RelatedTidak tersedia versi lain
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  • Comparative Advantage and Long-Run Growth

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