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Growth, Trade and Economic Institutions

  • Book
  • © 2005

Overview

Editors:
  1. Tapio Palokangas

    1. Department of Economics, University of Helsinki, Finland

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  2. Bjarne S. Jensen

    1. Department of Economics, Copenhagen Business School, Denmark

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  3. Dieter Bös
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  4. Giacomo Corneo

    1. Department of Economics, Free University of Berlin, Germany

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  5. Reino Hjerppe

    1. VATT, Helsinki, Finland

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  6. Juha Honkatukia

    1. VATT, Helsinki, Finland

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  • Theoretical, empirical and experimental research
  • Leading international authors
  • Basic introduction as well as a reference

Part of the book series: Journal of Economics Zeitschrift für Nationalökonomie Supplementum (JOURNECONOMICS, volume 10)

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Table of contents (7 chapters)

  1. Front Matter

    Pages I-VI
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  2. International Trade and Agglomeration: An Alternative Framework

    • Ronald W. Jones, Henryk Kierzkowski
    Pages 1-16

  3. General Equilibrium Dynamics of Multi-Sector Growth Models

    • Bjarne S. Jensen, Mogens E. Larsen
    Pages 17-56

  4. Common Markets, Economic Growth, and Creative Destruction

    • Tapio Palokangas
    Pages 57-76

  5. Schumpeterian Growth and the Political Economy of Employment Protection

    • Wolf-Heimo Grieben
    Pages 77-118

  6. White-Collar Employment, Inequality, and Technological Change

    • Volker Grossmann
    Pages 119-142

  7. Indeterminacy and Labor Augmenting Externalities

    • Aditya Goenka, Odile Poulsen
    Pages 143-166

  8. Geography and Institutions: Plausible and Implausible Linkages

    • Ola Olsson
    Pages 167-194

  9. Back Matter

    Pages 195-200
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Keywords

About this book

Endogenous growth is examined from the viewpoint of economic history, institutions and international trade. The main results are the following. The variance in institutional quality can be explained by historical differences in biogeographical potential for early agriculture. The expansion of output can lead to dis-agglomeration. The patterns of growth are sensitive to the technology parameters of the capital-good industry. With capital intensive industries, the balanced growth path can exhibit local indeterminacy. Economies integrate, if the productivity of R&D does not vary too much for them. Other aspects examined are the equilibrium of a dynamic multi-sector economy, the political economy of employment protection and the relationship between technological change and the demand for skill-intensive activities.

Editors and Affiliations

  • Department of Economics, University of Helsinki, Finland

    Tapio Palokangas

  • Department of Economics, Copenhagen Business School, Denmark

    Bjarne S. Jensen

  • Department of Economics, Free University of Berlin, Germany

    Giacomo Corneo

  • VATT, Helsinki, Finland

    Reino Hjerppe, Juha Honkatukia

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