Income convergence within and between countries
| Author | dc.contributor.author | Fischer Barkan, Ronald | |
| Author | dc.contributor.author | Serra Banfi, Pablo | |
| Admission date | dc.date.accessioned | 2018-08-21T20:19:14Z | |
| Available date | dc.date.available | 2018-08-21T20:19:14Z | |
| Publication date | dc.date.issued | 1996 | |
| Cita de ítem | dc.identifier.citation | International Economic Review, Vol. 37, No. 3 (Aug., 1996), pp. 531-551 | es_ES |
| Identifier | dc.identifier.issn | 0020-6598 | |
| Identifier | dc.identifier.uri | https://repositorio.uchile.cl/handle/2250/151123 | |
| Abstract | dc.description.abstract | We study how trade changes the rate of income convergence within and between countries in a model of endogenous growth. An externality in the production of human capital implies that inequality slows down growth under autarky. Eventually incomes converge, raising the growth rate. Trade acceler- ates (slows down) growth and the rate of income convergence in the poor (rich) country. In the long run trade ensures that countries grow at the same rate and that the ratio of their incomes tends to 1. Trade pattern reversals are possible since the initially wealthy country may be overtaken by the poor country | es_ES |
| Patrocinador | dc.description.sponsorship | This paper has benefited from discussions at the Midwestern International Economics Meet- ings, at the Latin American Econometric Society Meetings and at a seminar at the University of Virginia. Ronald Fischer received support from the Bankard Foundation and the Andes Founda- tion. Pablo Serra was supported by FONDECYT (project No 92-0883). We gratefully acknowledge many helpful comments from the referees. | es_ES |
| Lenguage | dc.language.iso | en | es_ES |
| Publisher | dc.publisher | Wiley | es_ES |
| Type of license | dc.rights | Attribution-NonCommercial-NoDerivs 3.0 Chile | * |
| Link to License | dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ | * |
| Source | dc.source | International Economic Review | es_ES |
| Título | dc.title | Income convergence within and between countries | es_ES |
| Document type | dc.type | Artículo de revista | |
| Cataloguer | uchile.catalogador | rca | es_ES |
| Indexation | uchile.index | Artículo de publicación ISI | es_ES |
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Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivs 3.0 Chile