An asymmetric Melitz model of trade and growth

    Research output: Contribution to journalArticle

    5 Citations (Scopus)

    Abstract

    In an asymmetric two-country Melitz model, compared with the old balanced growth path, unilateral trade liberalization increases the masses and revenue shares of exported varieties and the growth rates of all countries for all periods, and welfare of all countries.

    Original languageEnglish
    Pages (from-to)80-83
    Number of pages4
    JournalEconomics Letters
    Volume158
    DOIs
    Publication statusPublished - 2017 Sep 1

    Fingerprint

    Balanced growth path
    Two-country model
    Trade and growth
    Trade liberalization
    Revenue

    Keywords

    • Asymmetric countries
    • Endogenous growth
    • Melitz model
    • Transitional dynamics
    • Unilateral trade liberalization

    ASJC Scopus subject areas

    • Finance
    • Economics and Econometrics

    Cite this

    An asymmetric Melitz model of trade and growth. / Naito, Takumi.

    In: Economics Letters, Vol. 158, 01.09.2017, p. 80-83.

    Research output: Contribution to journalArticle

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