A two-country model of trade and growth with intersectoral knowledge spillovers

Takumi Naito*, Ryoji Ohdoi

*この研究の対応する著者

研究成果: Article査読

2 被引用数 (Scopus)

抄録

We formulate a two-country, two-good, two-factor endogenous growth model with learning by doing and intersectoral knowledge spillovers. Our model exhibits no transitional dynamics because of constant returns to capital, the existence of only one state variable for each country, and the factor price equalization theorem. By applying our model to the problem of aid and growth, we show that a permanent increase in untied aid raises the common growth rate if and only if the propensity to consume the capital-intensive good in the recipient country is larger than in the donor country.

本文言語English
ページ(範囲)39-58
ページ数20
ジャーナルJournal of Economics/ Zeitschrift fur Nationalokonomie
103
1
DOI
出版ステータスPublished - 2011 5月
外部発表はい

ASJC Scopus subject areas

  • ビジネス、管理および会計(全般)
  • 経済学、計量経済学

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