๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Schumpeter's circular flow, learning by doing and cyclical growth

โœ Scribed by Alfred Greiner; Horst Hanusch


Publisher
Springer-Verlag
Year
1994
Tongue
English
Weight
605 KB
Volume
4
Category
Article
ISSN
0936-9937

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โœ Steve Ambler; Emanuela Cardia; Jeannine Farazli ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 268 KB

This paper explores the quantitative link between export-promoting commercial policies and economic growth. We build and calibrate a dynamic general equilibrium model of a small developing economy. The economy's equilibrium is suboptimal due to monopolistic competition in the manufacturing sector an