An asymmetric Melitz model of trade and growth

Takumi Naito

Economics Letters, 2017, vol. 158, issue C, 80-83

Abstract: In an asymmetric two-country Melitz model, compared with the old balanced growth path, unilateral trade liberalization increases the masses and revenue shares of exported varieties and the growth rates of all countries for all periods, and welfare of all countries.

Keywords: Melitz model; Unilateral trade liberalization; Asymmetric countries; Endogenous growth; Transitional dynamics (search for similar items in EconPapers)
JEL-codes: F13 F43 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (12)

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Working Paper: An Asymmetric Melitz Model of Trade and Growth (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:158:y:2017:i:c:p:80-83

DOI: 10.1016/j.econlet.2017.06.016

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