Growth, trade, and economic institutions /

Saved in:
Bibliographic Details
Imprint:Wien ; New York : Springer, c2005.
Description:1 online resource (194 p.) : ill.
Language:English
Series:Journal of economics. Supplement, 0084-537X ; 10
Zeitschrift für Nationalökonomie. Supplementum ; 10.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/8876537
Hidden Bibliographic Details
Other authors / contributors:Palokangas, Tapio.
ISBN:9783211266502
321126650X
Notes:"Papers ... originally presented at the eighth conference of Dynamics, economic growth, and international trade (DEGIT) in Helsinki, Finland, May 30-31, 2003"--Pref.
Includes bibliographical references.
Description based on print version record.
Summary:Annotation Endogenous growth is examined from the viewpoint of economic history, institutions and international trade. The main results are the following. The variance in institutional quality can be explained by historical differences in biogeographical potential for early agriculture. The expansion of output can lead to dis-agglomeration. The patterns of growth are sensitive to the technology parameters of the capital-good industry. With capital intensive industries, the balanced growth path can exhibit local indeterminacy. Economies integrate, if the productivity of R & D does not vary too much for them. Other aspects examined are the equilibrium of a dynamic multi-sector economy, the political economy of employment protection and the relationship between technological change and the demand for skill-intensive activities.
Other form:Print version: Growth, trade, and economic institutions. Wien ; New York : Springer, c2005 3211007938 9783211007938