Wang, Pengfei; Xie, Danyang - Volkswirtschaftliche Fakultät, … - 2014
This paper introduces sectorial heterogeneity in TFPs in a growth model to generate new insights on trade, sectorial … closed economy, but will depend on trade parameters in an open economy as openness to trade shifts resources toward fast … conclusions survive even after trade cost is introduced. Nevertheless, trade share and growth rate may not move in the same …