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On the Growth Effects of North-South Trade: The Role of Labor Market Flexibility

Arnold, Lutz G. (2002) On the Growth Effects of North-South Trade: The Role of Labor Market Flexibility. Journal of International Economics 58 (2), pp. 451-466.

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This paper examines the impact of intensified North–South intra-industry trade from a growth theoretic perspective. It incorporates unemployment into Helpman’s [Econometrica 61 (1993) 1247] model of North–South trade. We assume that those Northern workers who lose their jobs due to imitation remain unemployed for a given (expected) length of time, so that imitation in the South causes frictional ...


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Item type:Article
Institutions:Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Theoretische Volkswirtschaft (Prof. Dr. Lutz Arnold)
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Keywords:North–South trade; Endogenous growth; Labor market flexibility
Dewey Decimal Classification:300 Social sciences > 330 Economics
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:Unknown
Item ID:15559
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