This study develops a model for the profit maximizing firm with corporate social responsibility behavior as compatible and mutual goals to effectively reduce negative effects of global warming externalities. Our model results indicate that under perfect competitive unregulated markets,...

This paper develops an endogenous growth model of knowledge accumulation as a function of trade exposure between high-technology-skilled-labor and low-technology-unskilled-labor products, and the R&D sector. Open economies grow permanently faster if trade specialization occurs in...

This study uses a dynamic model to determine the contribution of openness on output growth in Latin America. Error Correction Model and Phillips and Loretan results prove superior to OLS estimates. First, openness growth does not have a straight positive relationship to productivity growth;...