Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP2573 |
DP2573 Competing for Ownership | |
Andrew Newman | |
发表日期 | 2000-10-24 |
出版年 | 2000 |
语种 | 英语 |
摘要 | This paper presents a small open economy version of the Benhabib and Farmer [2] two sector optimal growth model with production externalities. It is shown that indeterminacy is considerably easier to obtain under a regime of perfect world capital markets than in the closed economy variant. Furthermore, the result is not dependent on high labour supply elasticity since that input is fixed. The paper also examines a variant that takes into account external borrowing constraints and it is shown that the qualitative results on indeterminacy remain basically unaffected by this extension. |
主题 | International Macroeconomics |
关键词 | Indeterminacy Small open economies Increasing returns |
URL | https://cepr.org/publications/dp2573 |
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/531642 |
推荐引用方式 GB/T 7714 | Andrew Newman. DP2573 Competing for Ownership. 2000. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Andrew Newman]的文章 |
百度学术 |
百度学术中相似的文章 |
[Andrew Newman]的文章 |
必应学术 |
必应学术中相似的文章 |
[Andrew Newman]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。