G2TT
来源类型Discussion paper
规范类型论文
来源IDDP667
DP667 Growth in Open Economies
Sérgio Rebelo
发表日期1992-06-30
出版年1992
语种英语
摘要This paper provides a survey of recent growth models that attempt to explain the cross-country diversity in rates of economic growth. It shows that these models can only generate differences in growth rates in the absence of international capital markets. With free international capital mobility they imply that the growth rate of consumption and GNP would be quickly equalized all over the world. This paper describes a simple modification of standard preferences that eliminates this implausible growth-equalization result and is consistent with the fact that the savings rate is lower in poor countries than in rich countries.
主题International Macroeconomics
关键词Growth Open economy Savings rate
URLhttps://cepr.org/publications/dp667
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529826
推荐引用方式
GB/T 7714
Sérgio Rebelo. DP667 Growth in Open Economies. 1992.
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