Convergence in a dynamic Heckscher–Ohlin model with land
(2015)
Journal Article
Guilló, M. D., & Pérez-Sebastián, F. (2015). Convergence in a dynamic Heckscher–Ohlin model with land. Review of development economics, 19(3), 725-734. https://doi.org/10.1111/rode.12158
Convergence among nations that share the same preferences and technologies is a key result of the closed-economy neoclassical growth framework that has received substantial support in the data. However, Heckscher–Ohlin versions of the two-sector neoc... Read More about Convergence in a dynamic Heckscher–Ohlin model with land.