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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Bibliographic Details
Main Author: Birgit KIRSCHBAUM-BEHL
Format: Article
Language:English
Published: General Association of Economists from Romania 2019-06-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1397.pdf