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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語言: | English |
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Institutional Knowledge at Singapore Management University
2019
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在線閱讀: | 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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