A Factor Endowment Theory of Endogenous Growth and International Trade

Yunfang Hu, Murray Kemp and Koji Shimomura

Review of Development Economics, 2005, vol. 9, issue 4, 467-481

Abstract: This paper presents a dynamic general equilibrium model of multi‐country, two‐good and two‐factor, in which both long‐run growth and international trade patterns are examined. In each country, government expenditure on a public intermediate good plays a crucial role in the realization of persistent growth. It is shown that the long‐run pattern of international trade is determined in a Heckscher‐Ohlin manner.

Date: 2005
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https://doi.org/10.1111/j.1467-9361.2005.00288.x

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Working Paper: A Factor Endowment Theory of Endogenous Growth and International Trade (2004)
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