Dynamics, economic growth, and international trade /

Dynamics, economic growth, and international trade / edited by Bjarne S. Jensen and Kar-yiu Wong. - Ann Arbor : University of Michigan Press, c1997. - 1 online resource (xi, 364 p.). - - Studies in international economics . - Studies in international economics (Ann Arbor, Mich.) .

Includes bibliographical references.

Introduction / Endogenous growth and international trade: a survey / General equilibrium dynamics of basic trade models for growing economies / Endogenous growth, trade, and specialization under variable returns to scale: the case of a small open economy / Dynamic foundations for the factor endowment model of international trade / Public and private capital in an endogenously growing open economy / Trade and growth with endogenous human and physical capital accumulation / Efficiency and productivity in rich and poor countries / Interpreting East Asian growth / Endogenous growth and international labor migration: the case of a small, emigration economy / The human capital dimension to foreign direct investment: training, adverse selection, and firm location / Bjarne S. Jensen and Kar-yiu Wong -- Ngo Van Long and Kar-yiu Wong -- Bjarne S. Jensen and Chunyan Wang -- Ngo Van Long, Kazuo Nishimura, and Koji Shimomura -- Oded Galor and Shoukang Lin -- Stephen J. Turnovsky -- Eric W. Bond and Kathleen Trask -- Rolf Färe and Shawna Grosskopf -- Pham Hoang Van and Henry Y. Wan, Jr. -- Kar-yiu Wong -- Theo S. Eicher and Pantelis Kalaitzidakis.

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While the endogenous growth theory has claimed success in modeling various factors of growth and providing analysis on sustainable growth of economies, most of the growth models in published work are for closed economies. These models are deemed to be inadequate for economic analysis because trade, which is often regarded as the engine of growth, has been neglected. The theory of international trade, on the other hand, is characterized by models that are mainly static. While the interest in the dynamics of trade has been growing, work in this area is still scarce. The success of the newly industrialized economies that have been adopting trade-oriented policies suggests how limited present trade theory is in explaining and analyzing the growth of these economies. The work collected here serves to bridge the "old" growth theory and "new" growth theory; merge growth and trade theory; suggest new analysis and techniques of economic growth; and provide analysis of new issues related to growth and trade


Electronic reproduction.
[Place of publication not identified] :
HathiTrust Digital Library,
2010.


Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
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English.

9780472026418 0472026410 1282555944 9781282555945 9786612555947 6612555947

10.3998/mpub.15567

22573/ctt1grk1m3 JSTOR

2020749526


International trade--Econometric models.
Economic development--Econometric models.
Commerce international--Modèles économétriques.
Développement économique--Modèles économétriques.
BUSINESS & ECONOMICS--International--Marketing.
POLITICAL SCIENCE--International Relations--Trade & Tariffs.
BUSINESS & ECONOMICS--International--General.
BUSINESS & ECONOMICS--Exports & Imports.
BUSINESS & ECONOMICS--General.
Economic development--Econometric models
International trade--Econometric models
Außenwirtschaftstheorie
Wachstumstheorie
Dynamisches System
Welthandel
Wirtschaftswachstum
Dynamisches Modell
Wachstumsmodell
Internationale handel.
Dynamische modellen.

HF1379

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