Innovation, growth, and dynamic gains from trade

How large are the welfare gains from trade? Would such gains be significantly amplified in the long run when productivity is endogenously enhanced? To address these questions, we focus on the dynamic effect of trade, in particular, how trade affects the incentives for technological advancement. We c...

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Bibliographic Details
Main Authors: HSU, Wen-Tai, RIEZMAN, Raymond G., WANG, Ping
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2019
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Online Access:https://ink.library.smu.edu.sg/soe_research/2314
https://ink.library.smu.edu.sg/context/soe_research/article/3313/viewcontent/dynamic_trade_11_13_2019_complete.pdf
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Institution: Singapore Management University
Language: English