Trade in a two sector endogenous growth model with two accumulating factors
This paper provides an endogenous growth model including technology diffusion induced by openness. A two sector model composed of a consumption good sector and an education sector shows that the openness leads to a compensation of the lack considering the human capital stock. It is a comparison betw...
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2019-06-01
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Series: | Theoretical and Applied Economics |
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Online Access: |
http://store.ectap.ro/articole/1397.pdf
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