Palokangas / Jensen / Bös Growth, Trade and Economic Institutions

2005
ISBN: 978-3-211-26650-2
Verlag: Springer Wien
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, Band 10, 194 Seiten, eBook

Reihe: Journal of Economics Zeitschrift für Nationalökonomie Supplementum

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.

Zielgruppe

Research

Autoren/Hrsg.

Palokangas, Tapio

Jensen, Bjarne Sloth

Bös, Dieter

Corneo, Giacomo

Hjerppe, Reino

Honkatukia, Juha J.

Inhaltsverzeichnis

International Trade and Agglomeration: An Alternative Framework.- General Equilibrium Dynamics of Multi-Sector Growth Models.- Common Markets, Economic Growth, and Creative Destruction.- Schumpeterian Growth and the Political Economy of Employment Protection.- White-Collar Employment, Inequality, and Technological Change.- Indeterminacy and Labor Augmenting Externalities.- Geography and Institutions: Plausible and Implausible Linkages.