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  • Book
  • © 2005

Growth, Trade and Economic Institutions


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  • Theoretical, empirical and experimental research

  • Leading international authors

  • Basic introduction as well as a reference

Part of the book series: Journal of Economics Zeitschrift für Nationalökonomie Supplementum (JOURNECONOMICS, volume 10)

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Table of contents (7 chapters)

  1. Front Matter

    Pages I-VI
  2. International Trade and Agglomeration: An Alternative Framework

    • Ronald W. Jones, Henryk Kierzkowski
    Pages 1-16
  3. General Equilibrium Dynamics of Multi-Sector Growth Models

    • Bjarne S. Jensen, Mogens E. Larsen
    Pages 17-56
  4. Indeterminacy and Labor Augmenting Externalities

    • Aditya Goenka, Odile Poulsen
    Pages 143-166
  5. Back Matter

    Pages 195-200

About this book

Endogenous growth is examined from the viewpoint of economic history, institutions and international trade. The main results are the following. The variance in institutional quality can be explained by historical differences in biogeographical potential for early agriculture. The expansion of output can lead to dis-agglomeration. The patterns of growth are sensitive to the technology parameters of the capital-good industry. With capital intensive industries, the balanced growth path can exhibit local indeterminacy. Economies integrate, if the productivity of R&D does not vary too much for them. Other aspects examined are the equilibrium of a dynamic multi-sector economy, the political economy of employment protection and the relationship between technological change and the demand for skill-intensive activities.


  • Arbeitsplatzsicherung
  • Wachstum
  • Wirtschaftspolitik
  • development economic
  • employment protection
  • growth theory
  • political econom/Wachstumstheorie
  • trade theory

Editors and Affiliations

  • Department of Economics, University of Helsinki, Finland

    Tapio Palokangas

  • Department of Economics, Copenhagen Business School, Denmark

    Bjarne S. Jensen

  • Department of Economics, Free University of Berlin, Germany

    Giacomo Corneo

  • VATT, Helsinki, Finland

    Reino Hjerppe, Juha Honkatukia

Bibliographic Information