TY - JOUR
T1 - An asymmetric Melitz model of trade and growth
AU - Naito, Takumi
N1 - Funding Information:
I am grateful to the co-editor Pierre-Daniel Sarte, an anonymous referee, Gabriel Felbermayr, Huanlang He, Yan Ma, Thomas Sampson, and conference and seminar participants at APTS, ATW, DEGIT, IEFS Japan, MWIEG, Kansai Macroeconomics Workshop, Kobe University, Nihon University, and RIETI for their helpful comments and suggestions. I also appreciate JSPS (#16K03671) and RIETI for financial support. All remaining errors are mine.
Publisher Copyright:
© 2017 The Author
PY - 2017/9
Y1 - 2017/9
N2 - In an asymmetric two-country Melitz model, compared with the old balanced growth path, unilateral trade liberalization increases the masses and revenue shares of exported varieties and the growth rates of all countries for all periods, and welfare of all countries.
AB - In an asymmetric two-country Melitz model, compared with the old balanced growth path, unilateral trade liberalization increases the masses and revenue shares of exported varieties and the growth rates of all countries for all periods, and welfare of all countries.
KW - Asymmetric countries
KW - Endogenous growth
KW - Melitz model
KW - Transitional dynamics
KW - Unilateral trade liberalization
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U2 - 10.1016/j.econlet.2017.06.016
DO - 10.1016/j.econlet.2017.06.016
M3 - Article
AN - SCOPUS:85023198151
SN - 0165-1765
VL - 158
SP - 80
EP - 83
JO - Economics Letters
JF - Economics Letters
ER -