Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10010221718
Persistent link: https://www.econbiz.de/10010189932
Persistent link: https://www.econbiz.de/10012594593
Persistent link: https://www.econbiz.de/10003213131
Persistent link: https://www.econbiz.de/10009773432
Persistent link: https://www.econbiz.de/10009560398
Persistent link: https://www.econbiz.de/10009558804
Endogenous growth requires that non-reproducible factors of production be either augmented or eliminated. Attention heretofore has focused almost exclusively on augmentation. In contrast, we study factor elimination. Maximizing agents decide when to reduce the importance of non-reproducible...
Persistent link: https://www.econbiz.de/10014191173
We study the world trading equilibrium in a Ricardian model where factors of production are themselves produced and tradable rather than endowed and non-tradable, corresponding to the three-quarters of international trade that is in intermediate and capital goods. We show that trade affects...
Persistent link: https://www.econbiz.de/10013086170
Endogenous growth requires that non-reproducible factors of production be either augmented or eliminated. Attention heretofore has focused almost exclusively on augmentation. In contrast, we study factor elimination. Maximizing agents decide when to reduce the importance of non-reproducible...
Persistent link: https://www.econbiz.de/10012723104