Abstract
How technical progress affects economic growth has been one of the fundamental themes of the research of Ryuzo Sato (e.g. Sato and Ramachandran, 1999). This paper and the papers it summarizes are part of that tradition, in that we focus on how technical progress drives factor productivity and how that in turns increases welfare in dynamic models.
Research support was provided by the World Bank under RPO No. 68140, “The Dynamic Impact of Trade Liberalization in Developing Countries.” The views expressed are those of the authors alone and should not be interpreted as the opinion of the World Bank.
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Rutherford, T.F., Tarr, D.G. (2001). The Dynamic Gains from Trade Liberalization with Product Variety: Summary of Results. In: Negishi, T., Ramachandran, R.V., Mino, K. (eds) Economic Theory, Dynamics and Markets. Research Monographs in Japan-U.S. Business & Economics, vol 5. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1677-4_17
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DOI: https://doi.org/10.1007/978-1-4615-1677-4_17
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