Intermediate Products and the Two sector Growth Model in an Open economy

The paper investigates whether the presence of the intermediate good plays a significant role in the growing economy. It also discusses the patterns of international specialization in relation to relative factor endowments. The paper finds that the factor intensities of final goods sectors in both the gross and the net sense are equally important in determining the properties of the model.

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Year of publication:	1977-03
Authors:	KUO, CHUN-YAN
Institutions:	Economics Department, Queen's University
Subject:	two-sector growth model \| intermediate products \| open economy \| capital/labour ratio \| stability \| long-run equilibrium

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Extent:	application/pdf
Series:	Development Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 1977-08 13 pages
Classification:	C62 - Existence and Stability Conditions of Equilibrium ; O41 - One, Two, and Multisector Growth Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004976746