search query: @indexterm Economic integration / total: 335
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| Author: | Harris, R. |
| Title: | Human capital and measurable dynamic gains from economic integration |
| Journal: | Empirical Economics
1996 : VOL. 21:1, p. 45-76 |
| Index terms: | ECONOMICS HUMAN CAPITAL ECONOMIC INTEGRATION |
| Language: | eng |
| Abstract: | The paper looks at the source of dynamic gains to trade liberalization using a two-country model with both physical and human capital accumulation. The model is calibrated and used to examine the effect of the economic integration of Canada and the United States with Latin America. The analysis assumes that differences in productivity levels between regions are due entirely to differences in human and physical capital endowments. Key assumptions are that capital is internationally mobile and human capital formation is income constrained. |
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