Title of article :
International Growth Equalization along nonbalanced constant growth paths
Author/Authors :
Yi Jin، نويسنده , , Zhixiong Zeng، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2007
Pages :
8
From page :
245
To page :
252
Abstract :
We derive a necessary and sufficient condition for the coexistence of nonbalanced constant growth paths (CGPs) for a small open economy and the rest of the world and put forth an International Growth Equalization Theorem: Competitive trade in goods equalizes growth across countries along their CGPs provided that they have the same cross-sector factor intensity difference.
Keywords :
Nonbalanced growth , International Growth Equalization , CGP Condition
Journal title :
Economics Letters
Serial Year :
2007
Journal title :
Economics Letters
Record number :
436291
Link To Document :
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