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RENEWABLE RESOURCES IN AN ENDOGENOUSLY GROWING ECONOMY: BALANCED GROWTH AND TRANSITIONAL DYNAMICS

Elíasson, Lúdvík; Turnovsky, Stephen J. - Sedlabanki Íslands - 2002

We introduce a renewable resource sector into an endogenous growth model of a small economy, deriving the transitional dynamic equilibrium. The model generates a long-run balanced growth path along which a resource sector of limited size can coexist with constant ongoing growth elsewhere. The...

Persistent link: https://www.econbiz.de/10005523173

Short-term and long-term interest rates in a monetary model of a small open economy

Turnovsky, Stephen J. - In: Journal of International Economics 20 (1986) 3-4, pp. 291-311

Persistent link: https://www.econbiz.de/10005527260

Fiscal policy, growth, and macroeconomic performance in a small open economy

Turnovsky, Stephen J. - In: Journal of International Economics 40 (1996) 1-2, pp. 41-66

Persistent link: https://www.econbiz.de/10005527503

Exchange rate determination and asset prices in a stochastic small open economy

Grinols, Earl L.; Turnovsky, Stephen J. - In: Journal of International Economics 36 (1994) 1-2, pp. 75-97

Persistent link: https://www.econbiz.de/10005527658

The effects of devaluation and foreign price disturbances under rational expectations

Turnovsky, Stephen J. - In: Journal of International Economics 11 (1981) 1, pp. 33-60

Persistent link: https://www.econbiz.de/10005527713

Optimal tariffs in consistent conjectural variations equilibrium

Turnovsky, Stephen J. - In: Journal of International Economics 21 (1986) 3-4, pp. 301-312

Persistent link: https://www.econbiz.de/10005527789

Sectoral adjustment costs and real exchange rate dynamics in a two-sector dependent economy

Mahbub Morshed, A. K. M.; Turnovsky, Stephen J. - In: Journal of International Economics 63 (2004) 1, pp. 147-177

Persistent link: https://www.econbiz.de/10005531250

Deterioration of the terms of trade and capital accumulation: A re-examination of the Laursen-Metzler effect

Sen, Partha; Turnovsky, Stephen J. - In: Journal of International Economics 26 (1989) 3-4, pp. 227-250

Persistent link: https://www.econbiz.de/10005531652

Exchange market intervention under alternative forms of exogenous disturbances

Turnovsky, Stephen J. - In: Journal of International Economics 17 (1984) 3-4, pp. 279-297

Persistent link: https://www.econbiz.de/10005531805

Volatility and growth in developing economies: some numerical results and empirical evidence

Turnovsky, Stephen J.; Chattopadhyay, Pradip - In: Journal of International Economics 59 (2003) 2, pp. 267-295

Persistent link: https://www.econbiz.de/10005531877