1 option
Dynamics, economic growth, and international trade / edited by Bjarne S. Jensen and Kar-yiu Wong.
- Format:
- Book
- Series:
- Studies in international economics (Ann Arbor, Mich.)
- Studies in international economics
- Language:
- English
- Subjects (All):
- International trade--Econometric models.
- International trade.
- Economic development--Econometric models.
- Economic development.
- Genre:
- Electronic books.
- Physical Description:
- 1 online resource (xi, 364 pages) : illustrations.
- Place of Publication:
- Ann Arbor : University of Michigan Press, c1997.
- System Details:
- text file
- Summary:
- While endogenous growth theory has claimed success in modeling various factors of growth and providing an analysis of sustainable economic growth, most of the growth models in published work are for closed economies. The omission of international trade, which is often regarded as the engine of growth, greatly reduces their usefulness. The theory of international trade, on the other hand, is characterized by models that are mainly static. While interest in the dynamics of trade has been growing, there is still little work in this area. The success of the newly industrialized economies that have adopted trade-oriented policies suggests how limited present trade theory is in explaining and analyzing the growth of these economies.
- The work collected here serves to bridge the "old" growth theory and "new" growth theory; merge growth and trade theory; suggest new analysis and techniques of economic growth; and provide analysis of new issues related to growth and trade. The first chapter surveys endogenous growth and international trade and critically reviews the endogenous growth theory with a unified framework, covering the work on both dosed and open economies. Three chapters examine the dynamics of some basic trade models; two chapters focus on growth and trade with endogenous accumulation of human and public capital two chapters on economic growth, technological progress, and international trade; and two chapters on growth and international factor movements.
- Contributors include Eric W. Bond, Theo S. Eicher, Roll Fare, Oded Galor, Shawna Grosskopf, Bjarne S. Jensen, Pantelis Kalaitzidakis, Shoukang Lin, Ngo Van Long, Kazuo Nishimura, Koji Shimomura, Kathleen Trask, Stephen J.Turnovsky, Pham Hoang Van, Henry Wan, Jr., Chunyah I Wang, and Kar-yiu Wong.
- Notes:
- Includes bibliographical references.
- Description based on information from the publisher.
- ISBN:
- 9780472109180
- 0472109189
- Publisher Number:
- 10.3998/mpub.15567
- Access Restriction:
- Restricted for use by site license.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.