Non-Scale Growth, Endogenous Comparative Advantages, and Industrialization

Arbeitspapier

This paper develops a two-sector non-scale growth model and investigates the relationship between international trade, growth, and industrialization. It is shown that the counterfactual prediction of new growth theories regarding a positive effect of population growth on the growth rate of per capita income is alleviated in consideration of international trade. While the growth-trade linkage is positive in most cases, it is negative if the rate of population growth is relatively large and the initial capital stock is relatively small. As the timing of the switch from autarky to free trade affects the process of industrialization, trade policy can influence long-run growth rates even in non-scale growth models.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Volkswirtschaftliche Diskussionsbeiträge ; No. 113-03

Classification and Topics

• Classification: Wirtschaft ; Economic Growth of Open Economies ; Industrialization; Manufacturing and Service Industries; Choice of Technology
• Subject: Industrialization ; Growth-Trade Linkage ; Learning by Investment ; Exportinduziertes Wachstum ; Neue Wachstumstheorie ; Skalenertrag ; Kleine offene Volkswirtschaft ; Industrialisierung ; Lernprozess ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Christiaans, Thomas
• Event: Veröffentlichung
• (who): Universität Siegen, Fakultät III, Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht
• (where): Siegen
• (when): 2003

Further information

• Handle: http://hdl.handle.net/10419/83201
• Last update: 10.03.2025, 11:43 AM CET