Innovation, growth, and dynamic gains from trade

• المؤلفون الرئيسيون: HSU, Wen-Tai, RIEZMAN, Raymond G., WANG, Ping
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2019
• الموضوعات: Growth and Development; International Economics
• الوصول للمادة أونلاين: 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

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...