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Author:Kind, H. J.
Title:Globalization versus protectionism: consequences for long-term growth and welfare in the South
Journal:Japanese Economic Review
2002 : SEP, VOL. 53:3, p. 274-300
Index terms:Globalization
Trade barriers
Regional differences
Language:eng
Abstract:The paper develops an endogenous growth model with two intrinsically symmetric regions, The North and the South. The analysis shows that globalization tends to increase long-term economic growth, but the South may become deindustrialized and suffer a welfare loss.
SCIMA record nr: 238509
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