| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2275 |
| DP2275 Legal Determinants of the Return on Equity | |
| Marco Pagano; Davide Lombardo | |
| 发表日期 | 1999-11-30 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | The paper examines the welfare gains from North-South trade and their distribution. We construct an endogenous growth North-South model with four Southern stages of development as possible equilibria: specialisation in a traditional good; the South in addition copies Northern high-tech manufactured goods; the South begins to innovate in its own right and finally a stage in which the South only innovates, as in the North. We use this model to show that dynamic gains from trade and from Southern development through the stages can create new winners, unskilled workers in the North and possibly skilled workers in the South. |
| 主题 | International Macroeconomics ; International Trade and Regional Economics |
| 关键词 | Distribution Economic growth Gains from trade |
| URL | https://cepr.org/publications/dp2275 |
| 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/531371 |
| 推荐引用方式 GB/T 7714 | Marco Pagano,Davide Lombardo. DP2275 Legal Determinants of the Return on Equity. 1999. |
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