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Growth in an Open Economy: some Recent Developments

Stephen J Turnovsky

Working Papers from Warwick - Development Economics Research Centre

Abstract: This paper discusses some of the recent developments in growth theory, doing so from the perspective of a small open economy. After setting out a basic generic model, we show how it may yield two of the key models that have played a prominent role in the recent literature, the endogenous growth model and the non-scale growth model.

Keywords: ECONOMIC GROWTH; ECONOMIC THEORY (search for similar items in EconPapers)
JEL-codes: E00 O40 (search for similar items in EconPapers)
Pages: 68 pages
Date: 2000
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Citations: View citations in EconPapers (13)

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