Endogenous Growth and South-North Trade

Youngwan Goo () and Seonghoon Lee ()
Additional contact information
Youngwan Goo: SAMSUNG Research Institute of Finance, Postal: SAMSUNG Research Institute of Finance, Chief Research Fellow 15th F1., Taepyeongro Bldg. 310, Taepyeongro 2-Ga, Jung-Gu, Seoul, Korea
Seonghoon Lee: US Bureau of Census, Postal: Center for Economic Studies, U.S. Bureau of the Census

Journal of Economic Integration, 2002, vol. 17, 554-569

Abstract:

In this article, we develop an endogenous growth model to analyze the impact of knowledge spillovers, the disparity in initial endowments and production technologies on economic growth of two trading regions. We found that the growth rates of technology development of the two regions become uneven unless they have an identical initial steady-state labor allocation between technology development and intermediate inputs. Trade in intermediate goods and knowledge spillovers improve welfare in both regions.

Keywords: Endogenous Growth; Monopolistic Differentiated Product Market; Even (Equal) and Uneven (Unequal) Growth; Knowledge Spillover (search for similar items in EconPapers)
JEL-codes: D43 F12 L13 O12 O30 (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0208

Access Statistics for this article

Journal of Economic Integration is currently edited by Seongeun Kim

More articles in Journal of Economic Integration from Center for Economic Integration, Sejong University Contact information at EDIRC.
Bibliographic data for series maintained by Yunhoe Kim ().