An asymmetric Melitz model of trade and growth

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    8 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

    Keywords

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

    ASJC Scopus subject areas

    • Finance
    • Economics and Econometrics

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