G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2674
DP2674 The Economics of Human Cloning
Gilles Saint-Paul
发表日期2001-01-30
出版年2001
语种英语
摘要This Paper constructs a general equilibrium trade model of a small open economy producing an exported good, an imported good and a non-traded good by using two or more factors of production, one of which, namely capital, is imperfectly internationally mobile. Within this framework, it is shown that an exogenous capital inflow may lead to a depreciation of the real exchange rate, and to an increase in both the nominal and the real rate of return to capital. For these paradoxical results to occur it is necessary that the non-traded good is capital intensive.
主题International Trade and Regional Economics
关键词Capital mobility Real exchange rate Nominal and real rate of return to capital
URLhttps://cepr.org/publications/dp2674
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/531733
推荐引用方式
GB/T 7714
Gilles Saint-Paul. DP2674 The Economics of Human Cloning. 2001.
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