Ouverture commerciale et convergence dans un modèle simple de croissance endogène

Rodrigue Mendez

Annals of Economics and Statistics, 1997, issue 47, 13-38

Abstract: We study the dynamic consequences of the economic integration in a two-countries overlapping generation model where human capital accumulation is the engine of growth. Comparative advantage is endogenous and dynamic. We show that economic integration leads to a strengthening of the comparative advantage of the country whose human capital endowment is greater. This is a cumulative process which may lead to divergence.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1997:i:47:p:13-38

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