haku: @author Dei, F. / yhteensä: 5
viite: 1 / 5
« edellinen | seuraava »
Tekijä: | Dei, F. |
Otsikko: | Industrialization and expectations in a small open economy |
Lehti: | Japanese Economic Review
1998 : JUN, VOL. 49:2, p. 108-118 |
Asiasana: | INDUSTRIES EXPECTATIONS OPEN ECONOMY |
Kieli: | eng |
Tiivistelmä: | The degree of industrialization in a country can be measured by the diversity of intermediate goods produced in the country. The author constructs a small-country model in which this diversity is determined endogenously in the process of industrialization. The model shows that the characteristics of equilibria depend on the substitutability among intermediate goods; particularly when the substitutability is large, there may be multiple equilibria. |
« edellinen | seuraava »
SCIMA