A two-country dynamic model of international trade and endogenous growth: multiple balanced growth paths and stability

DOI10.1016/J.JMATECO.2006.05.005MaRDI QIDQ2466883zbMATH OpenOpenAlexFDO

Authors Junko Doi, Kazuo Nishimura, Koji Shimomura

Publication date 16 January 2008

Published in Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL https://www.rieb.kobe-u.ac.jp/academic/ra/dp/English/dp188.pdf

zbMATH Keywords

endogenous growthexternalitystabilitytrade pattern

Mathematics Subject Classification ID

Stability of solutions to ordinary differential equations (34D20) Applications of optimal control and differential games (49N90) Economic growth models (91B62) Multisectoral models in economics (91B66)

Recommendations

• Dynamic stability in a two-country model of optimal growth and international trade
• A two-country dynamic Heckscher-Ohlin model with physical and human capital accumulation
• Proof of global stability, transitional dynamics, and international capital flows in a two-country model of innovation and growth
• Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model
• Trade and growth: a simple model with not-so-simple implications

Cites work

• A general two-sector model of endogenous growth with human and physical capital: Balanced growth and transitional dynamics
• Growth and Interdependence
• Indeterminacy and sunspots with constant returns
• Indeterminacy in a dynamic two-country model
• Indeterminacy Under Constant Returns to Scale in Multisector Economies
• Trade and indeterminacy in a dynamic general equilibrium model

Cited in

(13)

• Incremental trade policy and endogenous growth: A q-theory approach
• A symmetric Heckscher-Ohlin model of endogenous growth
• International growth equalization along nonbalanced constant growth paths
• Destabilization effect of international trade in a perfect foresight dynamic general equilibrium model
• Proof of global stability, transitional dynamics, and international capital flows in a two-country model of innovation and growth
• The trade model with endogenous savings, net consumptions and leisure time
• scientific article; zbMATH DE number 4130153 (Why is no real title available?)
• Trade and growth: a simple model with not-so-simple implications
• A two-country model of trade and growth with intersectoral knowledge spillovers
• A dynamic two country Heckscher-Ohlin model with non-homothetic preferences
• On the (de)stabilization role of protectionism
• A two-country dynamic Heckscher-Ohlin model with physical and human capital accumulation
• Dynamic stability in a two-country model of optimal growth and international trade

This page was built for publication: A two-country dynamic model of international trade and endogenous growth: multiple balanced growth paths and stability

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2466883)