Crecimiento, Comercio Internacional y Convergencia

Growth, International Trade and Convergence

Alejo Macaya

MPRA Paper from University Library of Munich, Germany

Abstract: The paper extends the growth and international trade model analyzed by Ventura (1997). In particular, it examines the effects of the trade policy of a small open economy (a tariff on the import of a capital-intensive good) on capital accumulation, consumption and welfare. In addition, a geometric interpretation is provided of the non-convergence result found in the original paper.

Keywords: Growth; international trade; convergence. (search for similar items in EconPapers)
JEL-codes: F1 F11 O41 (search for similar items in EconPapers)
Date: 2007-02-13
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:131270

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