Capital Mobility, the Real Exchange Rate, and the Rate of Return to Capital in the Presence of Non-Traded Goods

K. Gatsios

Athens University of Economics and Business from Athens University of Economics and Business, Department of International and European Economic Studies

Abstract: This paper constructs a general quilibrium trade model of a small open economy producing an exported good, an imported good and a non-traded good by using two or more factors of production, one of which, namely capital, is imperfectly internationally mobile.

Keywords: EXCHANGE RATE; CAPITAL; TRADE (search for similar items in EconPapers)
JEL-codes: F10 F20 (search for similar items in EconPapers)
Date: 2000

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