A lab-equipment model of growth with heterogeneous firms and asymmetric countries

研究成果: Article

抄録

By extending the Rivera-Batiz–Romer lab-equipment model of growth with expanding input varieties to include both heterogeneous firms and asymmetric countries, we show that even unilateral trade liberalization always raises both countries’ long-run growth and welfare.

元の言語English
ページ(範囲)33-36
ページ数4
ジャーナルEconomics Letters
181
DOI
出版物ステータスPublished - 2019 8 1

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Long-run growth
Heterogeneous firms
Trade liberalization

Keywords

    ASJC Scopus subject areas

    • Finance
    • Economics and Econometrics

    これを引用

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    title = "A lab-equipment model of growth with heterogeneous firms and asymmetric countries",
    abstract = "By extending the Rivera-Batiz–Romer lab-equipment model of growth with expanding input varieties to include both heterogeneous firms and asymmetric countries, we show that even unilateral trade liberalization always raises both countries’ long-run growth and welfare.",
    keywords = "Asymmetric countries, Endogenous technological change, Heterogeneous firms, Lab-equipment model, Unilateral trade liberalization",
    author = "Takumi Naito",
    year = "2019",
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