Knowledge Dissemination, Capital Accumulation, Trade and Endogenous Growth

Dan Ben-David () and Michael Loewy

No 1335, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: The theoretical framework presented here preserves many of the primary features of the standard neo-classical model, while introducing some modifications that transform it into an open economy endogenous growth model with knowledge accumulation. Knowledge accumulation is determined in part by the extent of knowledge spillovers from abroad and the extent to which each country is exposed to the knowledge stocks of other countries. The degree of this exposure is assumed to be directly related to the level of external trade - which implies that commercial policy can affect economic growth. In particular, unilateral trade liberalization may increase steady-state income growth in all countries.

Keywords: Growth; Knowledge Diffusion; Trade (search for similar items in EconPapers)
JEL-codes: E6 F1 F43 O3 (search for similar items in EconPapers)
Date: 1996-02
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=1335 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: Knowledge Dissemination, Capital Accumulation, Trade, and Endogenous Growth (2000)
Working Paper: Knowledge Dissemination, Capital Accumulation, Trade, and Endogenous Growth (1997)
Working Paper: Knowledge Dissemination, Capital Accumulation, Trade, and Endogenous Growth (1997)
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:cpr:ceprdp:1335

Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... ers/dp.php?dpno=1335

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().