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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. |
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