model incorporates the assumption of subsistence consumption into the neo-classical exogenous growth model – yielding …

-classical growth model predicts, the magnitude of these level changes is shown here to be related to changes in growth rates during the …

, while introducing some modifications that transform it into an open economy endogenous growth model with knowledge … directly related to the level of external trade - which implies that commercial policy can affect economic growth. In … particular, unilateral trade liberalization may increase steady-state income growth in all countries. …

economic growth perspective. This paper examines one aspect of these ramifications, namely the impact of changes in the extent …